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Quote of the day
“When people talk about “dumb money” or “the suckers at the poker table” they are talking about hope-based investing.” Demonitized
Chart of the day
High yield muni bonds have crushed their investment grade cousins. (WSJ)
Strategy
- There are only a few sustainable advantage for investors. (rpseawright.wordpress.com)
- How businesses die: sometimes fast, sometimes very slowly. (safalniveshak.com)
Crypto
- Now, institutions are increasingly contemplating how crypto investing might fit into their investment program. (institutionalinvestor.com)
- The ICE is now trading Bitcoin futures. (crossingwallstreet.com)
- What happens if central banks issue their own digital currencies? (wsj.com)
Companies
- Now analysts are worried about Netflix's ($NFLX) overseas growth. (axios.com)
- How Peloton built up its brand. (techcrunch.com)
- Data show DoorDash is outpacing the growth of other delivery companies. (media.thinknum.com)
Finance
- Why private equity is ripe for disruption. (institutionalinvestor.com)
- IEX Group is getting out of the listing business. (wsj.com)
- Music royalty funds are increasingly a thing. (wsj.com)
Funds
Economy
- The Chicago Fed National Activity Index (CFNAI) rose in August. (calculatedriskblog.com)
- American attitudes toward savings seem to have shifted. (wsj.com)
Earlier on Abnormal Returns
- Adviser links: measuring value. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
- Top clicks last week on the site. (abnormalreturns.com)
