Quote of the Day
"My asset allocation and outside bets make sense only for me, just like your portfolio ought to make sense only for you. There is no such thing as a one-size-sits-all portfolio, because we all have different time horizons, risk factors, wants and needs and emotional triggers."
(Josh Brown)
Chart of the Day
You cannot understand American society today without understanding this chart.
Strategy
- Five pieces of conventional finance wisdom that are dead wrong. (theirrelevantinvestor.com)
- It is just as difficult to pick winning stocks overseas as it is in the US. (finance.yahoo.com)
- You cannot control the markets, only your behavior. (martinkronicle.com)
- We have very little control over the future. (safalniveshak.com)
Crypto
Fintech
- StockTwits is launching a new level of service in 'StockTwits Plus.' (blog.stocktwits.com)
- JC Parets talks with Rob Koyfman of Koyfin Charts. (allstarcharts.com)
Hedge funds
- Hedge fund fees remain under pressure. (bloomberg.com)
- Bill Ackman's publicly traded Pershing Square Holdings now has its own activist investor. (finance.yahoo.com)
- India is none too favorable to its own nascent hedge fund industry (bloomberg.com)
Funds
- Fidelity continues to cut fees on its index fund offerings. (finance.yahoo.com)
- These are the most interesting ETF launches of 2019, so far. (etf.com)
Global
Economy
- Retail sales growth, even online, is decelerating. (axios.com)
- A short history of Fed rate cuts. (fortune.com)
- US wealth inequality data is now better and more voluminous. (ritholtz.com)
Earlier on Abnormal Returns
- Personal finance links: judicious use of our money. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: investing in real time. (abnormalreturns.com)
- Blogger wisdom: putting another edition in the books. (abnormalreturns.com)
