Quote of the Day
"My professional experience has been that inertia dictates a surprising number of investment decisions, even (perhaps especially) within optically sophisticated and well-resourced organizations."
(@demonetizedblog)
Strategy
- Has the minimum volatility factor been fully exploited? (ft.com)
- How much do earnings actually drive stock prices? (blogs.cfainstitute.org)
- Being willing to look like an idiot is an investing superpower. (thewaiterspad.com)
Finance
- A deep dive into what Apollo ($APO)-Athene ($ATH) will look like post-merger. (ft.com)
- Why SPACs love the sports and sports betting space. (sportico.com)
Funds
- How much faith should you put in the price targets that a fund manager puts on their largest position? (ft.com)
- Active funds on average underperform: example #2398. (evidenceinvestor.com)
- The ETF fee war rolls on. (msn.com)
Global
- DRAM prices are soaring. (asia.nikkei.com)
- There has been a spate of shipping containers falling into the ocean. (wired.com)
Economy
Earlier on Abnormal Returns
- Adviser links: you can't buy culture. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
- These are the top clicks last week on the site. (abnormalreturns.com)
- Are you a financial adviser looking for some out-of-the-box thinking? Then check out our weekly e-mail newsletter. (newsletter.abnormalreturns.com)
Mixed media
- Ten reasons to write a book including 'It clarifies your thinking.' (seths.blog)
- How does Jim Collins' business classic "Good to Great" hold up? (marker.medium.com)
- How to pick a self-help book that actually helps including 'When the book’s advice correlates with empirically-proven routes to happiness.' (artofmanliness.com)
- Book marketers are paying closer attention to TikTok. (nytimes.com)
