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Quote of the Day
"If you want people to do something, make it easy."
(Richard Thaler)
Markets
- Where did the term 'bull market' originate? (wsj.com)
- Much of what passes for market analysis is pundits telling us the market is 'wrong.' (dashofinsight.com)
- Who is still trading on sell-side analyst recommendations? (thereformedbroker.com)
Fund management
- There is a lot more to fund "cost" than simply the expense ratio: the details matter. (evidenceinvestor.com)
- The power of indexing: the Saudi stock market. (ft.com)
- Why small endowment funds can't mimic large endowment funds. (mrzepczynski.blogspot.com)
- Why style boxes can lead you to believe managers have skill when they don't. (evidenceinvestor.com)
Policy
- Growing industry concentration seen in the past two decades has been a detriment to the overall economy. (papers.ssrn.com)
- Technology has been killing jobs for centuries. What society deals with it is what mattes. (theweek.com)
- In real dollars, the minimum wage is 31% less than it was in 1968. (ritholtz.com)
- The debates about Social Security are difficult because we can't agree on its purpose in the first place. (morningstar.com)
- Student loan forgiveness would be a huge policy shift. (bonefidewealth.com)
- Is there anything that can be done policy-wise to help midsize cities? (worth.com)
Economy
- What term spread models say about the risk of a recession. (econbrowser.com)
- A good overview of continued slows economic growth. (fat-pitch.blogspot.com)
- A succinct summary of the week's 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)
- What you missed in our Saturday linkfest. (abnormalreturns.com)
- Longform links: franchise fatigue. (abnormalreturns.com)
