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Quote of the Day
"We all have at least one holding in our portfolios akin to the human appendix. In what seems like ages ago, we added it to the mix to either improve returns, reduce risk or enhance overall diversification. It all made sense at the time, too."
(Phil Huber)
Strategy
- Why the past ten years for the stock market have been the best ever. (theirrelevantinvestor.com)
- Why now is the time to re-visit your risk assumptions. (blogs.cfainstitute.org)
Value
- Five more questions for Tobias Carlisle of the Acquirer’s funds. (blog.validea.com)
- You can't screen for intrinsic value. (valueplays.net)
- What needs to change for value to start outperforming again. (capitalspectator.com)
FinTwit
- Why Financial Twitter is so darn valuable. (330ramp.com)
- Used properly Financial Twitter can burst through the echo chamber. (bonefidewealth.com)
Crypto
Companies
Funds
- Want to take on emerging markets risk? Think bonds, not stocks. (morningstar.com)
- Bill Ackman's Pershing Square Holdings is up nearly 45% YTD but still trades at a wide discount to NAV. (barrons.com)
Economy
- Weekly initial unemployment claims are hanging out at relatively low levels. (calculatedriskblog.com)
- How new technologies might affect the housing market and economy. (msn.com)
Earlier on Abnormal Returns
- Personal finance links: retirement myths. (abnormalreturns.com)
- ESG links: using exclusions. (abnormalreturns.com)
- An alternative history of the ETF: what if Vanguard had been the first to launch? (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: overstated earnings. (abnormalreturns.com)
- On the loss of a helpful reading resource: Reading the Markets by Brenda Jubin. (abnormalreturns.com)
- Why that new car may not make you all that happy: talking transportation trade-offs with Ben Carlson. (abnormalreturns.com)
