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
"The corporate entity is obligated to care only about itself and to define what is good as what makes it more money...Pretty close to a textbook case of antisocial personality disorder. And corporate persons are the most powerful people in our world."
(Jamie Gamble)
Chart of the Day
No matter how you slice it, the bounce back in Snap ($SNAP) stock is impressive. (chart via @koyfin)
Strategy
- If so many stocks underperform cash, maybe active investors should focus on avoiding them in the first place. (finance.yahoo.com)
- Portfolio rebalancing is an active strategy. (marketwatch.com)
- If a 6% decline is freaking you out, you may want to rethink the whole stock market thing. (safalniveshak.com)
Crypto
Amazon
- Amazon ($AMZN) purchase of Whole Foods was just the beginning of its plans for food. (nytimes.com)
- Is Amazon's ($AMZN) vision to recycle old retail ideas with a tech-filled twist? (wired.com)
- Grocers are pushing hard into private label. (wsj.com)
Companies
Finance
- Citigroup ($C) lags its big bank competitors on a number of measures. What next? (ft.com)
- The LSE is close to buying data provider Refinitiv. (reuters.com)
Equifax
- A guide to the Equifax ($EFX) settlement. (getrichslowly.org)
- Why you SHOULD claim your $125 from Equifax. (slate.com)
- Why you may not get a full claim from the Equifax settlement. (time.com)
Funds
- Are ETF providers in the midst of a fee war or a distribution war? (ft.com)
- Genuine ETF innovation is out there, especially in emerging market equities, but investors are not buying in. (etf.com)
- Virtue signaling has come for ETFs. (ft.com)
Economy
Earlier on Abnormal Returns
- Adviser links: obsessing over tomorrow. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
- Top clicks last week on the site. (abnormalreturns.com)
