Ritholtz Wealth Management has teamed with Betterment to make Liftoff the easiest way to begin investing. There is no minimum and transferring in existing accounts is a snap. Click here to hear the thinking behind this move.
Quote of the Day
"What makes the peak performer a peak performer, ironically, is the capacity to feel like a failure and use the pain of that recognition to fuel efforts at improvement. "
(Brett Steenbarger)
Strategy
- How to spot an accounting fraud, before it blows up. (behavioralvalueinvestor.com)
- Our perceptions of risk are constantly changing. (behaviouralinvestment.com)
Marijuana investing
- Despite the challenges, more marijuana ETFs are on their way. (etf.com)
- If marijuana is like any other crop, profits will be slim, at best. (advisorperspectives.com)
- A sign that the landscape for marijuana companies is still pretty tricky. (markets.businessinsider.com)
Companies
- More app makers are trying to avoid the Google ($GOOGL) Play store. (bloomberg.com)
- Chief Operating Officer Jeff Williams is apparently heir apparent to Tim Cook at Apple ($AAPL). (bloomberg.com)
- Amazon ($AMZN) has teamed up with Realogy to find you a new house. (nytimes.com)
Finance
Fund management
- The mutual fund industry is going to have to shrink in size. (institutionalinvestor.com)
- Some snapshots of how university endowments invest. (conversableeconomist.blogspot.com)
Global
- Inexpensive smart feature phones will power the next billion Internet users. (wsj.com)
- Japanese consumers are surprisingly resistant to giving up cash. (ft.com)
- Unrest in Hong Kong is, in part, a reaction to the high cost of living. (nytimes.com)
Economy
Earlier on Abnormal Returns
- Research links: re-balancing luck. (abnormalreturns.com)
- What you missed in our Monday linkfest. (abnormalreturns.com)
- Adviser links: a hard topic to broach. (abnormalreturns.com)
- Nobody should think entrepreneurship will be easy. (abnormalreturns.com)
