Registration for the first of its kind Wealth/Stack Conference on September 8-10th, 2019 at the Scottsdale Plaza Resort in Arizona is now open! Use this link to get an exclusive discount so you can find out how advisors are bridging the gap between technology, investment management and practice management.
Quote of the Day
"Great investors aren’t super human. They are super self-aware. They are disciplined and do the simple things that other people don’t do. They embrace being different because it doesn’t matter what other people think."
(Ian Cassel)
Markets
- A visual history of the largest companies by market cap from 1999 to today. (visualcapitalist.com)
- On the danger of relying on news headlines in your investing. (awealthofcommonsense.com)
- There are a lot of ways to visualize the path of investor emotions. (monevator.com)
Finance
- What Goldman Sachs ($GS) has learned from the launch of Marcus. (thebasispoint.com)
- Why aren't more fintechs jumping at the OCC's new special-purpose national bank charter? (americanbanker.com)
- More digital-only banks are launching in the US. (forbes.com)
Funds
- Vanguard is exploring the idea of offering clients access to private equity funds. (wsj.com)
- Pension funds are ramping up the risk they are taking in commercial real estate. (institutionalinvestor.com)
- The housing market is changing right before our very eyes. (theirrelevantinvestor.com)
Global
Policy
- Does the Fed care about the stock market? (themarketcyclist.com)
- Of course Trump could 'fire' the Fed Chair. (thereformedbroker.com)
- Did you know its a federal crime to leave the United States with more than $5 in nickels? (marginalrevolution.com)
- How state funding cuts have (adversely) affected public universities. (nber.org)
- On the overuse of mathematics in economics. (fee.org)
Economy
- The manufacturing data is indicating "a slowdown, but it is not at recessionary levels." (disciplinedinvesting.blogspot.com)
- A succinct summation of the week's major economic events. (ritholtz.com)
- The economic schedule for the coming week. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Top clicks this week on the site. (abnormalreturns.com)
- Ready or not, e-commerce for real estate is here! (abnormalreturns.com)
- What you missed in our Saturday linkfest. (abnormalreturns.com)
- Longform links: getting off the grid. (abnormalreturns.com)
- It's not just unique domain names that are tough to come up these days. (abnormalreturns.com)