Quote of the Day
"The majority of investors would absolutely perform better if they did invest like a robot. But human beings are not robots. We invest based on status, emotions, and identity."
(Ben Carlson)
Markets
- Investors are still traumatized by the GFC. (blog.yardeni.com)
- A Q&A with John Turner, co-author of "Boom and Bust: A Global History of Financial Bubbles." (evidenceinvestor.com)
Apple
- Apple ($AAPL) is spending big in the U.S. including a new North Carolina campus. (cnbc.com)
- The Apple ($AAPL)-Facebook ($FB) battle over privacy is now full-on. (nytimes.com)
- iOS 14.5 allows users to better control how your data is shared. (nytimes.com)
Fund management
- SPACs are NOT an asset class. (blogs.cfainstitute.org)
- In praise of target-date funds. (morningstar.com)
Housing
- Joe Weisenthal and Tracy Alloway talk with Stinson Dean, from Deacon Trading, about the crazy lumber market. (bloomberg.com)
- Existing home prices exceeded new home prices for the first time in 15 years. (bloombergquint.com)
- Residential pool company Latham Group Inc. ($SWIM) is off to a hot start. (bloomberg.com)
Earlier on Abnormal Returns
- Adviser links: delusional beliefs about money. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
- What everyone was reading 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)
