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Quote of the Day
"The moral of this story is obvious. We all do better when we have something to aim at. That’s why proper benchmarking is so important. In the investment world, it means a standard or measure that can be used to analyze the allocation, risk, and return of a given portfolio."
(Robert Seawright)
Markets
Strategy
- If something involves risk, it also involves luck. (bonefidewealth.com)
- How your priorities should drive your reading process. (blogs.cfainstitute.org)
Crypto
- The Libra news pushed aside this story of Ripple buying a stake in MoneyGram ($MGI). (fortune.com)
- Who is Libra for? (pragcap.com)
- Why Libra won't be a godsend for the unbanked. (ftalphaville.ft.com)
- Bitcoin uses electricity on the scale of Las Vegas. (cnn.com)
Companies
- Is the Apple ($AAPL) iPhone history's greatest one-off? (axios.com)
- Amazon ($AMZN) is building out its fleet of cargo planes. (wsj.com)
Finance
- MarketAxess is taking share in electronic bond trading. (wsj.com)
- Mega private equity performance is meh. (wsj.com)
- The robo-advisor business in the UK has been disappointing. (fnlondon.com)
Funds
- Five questions for Perth Tolle of Life and Liberty Freedom 100 Index. (blog.validea.com)
- JPMorgan-owned hedge fund Highbridge is shutting big chunks of its business. (ft.com)
Economy
- Economic momentum has definitely slowed. (capitalspectator.com)
- The RV indicator is not looking good for the economy. (barrons.com)
Earlier on Abnormal Returns
- Personal finance links: the ongoing scam. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: meeting obligations. (abnormalreturns.com)
- Good luck trying to find a decent .com URL these days. (abnormalreturns.com)
- What we lose when convenience trumps experience: the case of brisket. (abnormalreturns.com)
