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Quote of the Day
"Every investor has a limit to the risk they can accept."
(Mike Piper)
Markets
Strategy
- If you feel the need to de-risk your portfolio, you have three major options. (mutualfundobserver.com)
- Five great investing books for beginners including "The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns" by John Bogle. (morningstar.com)
Crypto
Companies
- Shopify ($SHOP) is many ways the anti-Amazon ($AMZN) (economist.com)
- What is Tesla ($TSLA) still doing with solar shingles? (ftalphaville.ft.com)
- Putting a number on WeWork's massive lease obligations. (finance.yahoo.com)
Private equity
- Are investors getting fooled by PE's smoothed returns? (ft.com)
- Swedish private equity firm EQT is going public. (finance.yahoo.com)
Global
- The British government is trying to prepare the public for a hard Brexit. (cnbc.com)
- The Canadian middle class is outperforming the US middle class. (ca.finance.yahoo.com)
Economy
- Growing income (and wealth) inequality is a fact in America. The question is what, if anything, to do about it. (ritholtz.com)
- The hot job market is now pinching state and local governments. (nytimes.com)
Earlier on Abnormal Returns
- Adviser links: doing one thing. (abnormalreturns.com)
- Monthly ESG links: understanding risks. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
- Top clicks last week on the site. (abnormalreturns.com)
