Quote of the Day
"Market corrections are going to happen whether you know the reason or not. It’s not an if, but a when."
(Ben Carlson)
Chart of the Day
September is the only month that is more likely to be down than up.
Markets
- Newer investors have been trained to buy the dip. (compoundadvisors.com)
- Some signs of panic in Hong Kong stocks. (sentimentrader.com)
- GMO thinks nearly every asset class is overvalued. (ft.com)
Strategy
- Five characteristics of a good fund allocator. (bpsandpieces.com)
- How to think about tweaking a 60/40 portfolio. (blog.validea.com)
- Some things Liz Ann Sonders has learned along the way. (schwab.com)
Crypto
- Dapper Labs, of NBA Top Shot fame, just raised new capital at a $7.6 billion valuation. (cnbc.com)
- Invesco ($IVZ) has teamed up with Galaxy Digital to build out a suite of crypto ETFs. (theblockcrypto.com)
Apple
- Apple ($AAPL) has now sold 2 billion iPhones. (asymco.com)
- Why Apple ($AAPL) keeps older products around. (macworld.com)
- Apple ($AAPL) is working on technology to help diagnose depression and cognitive decline. (wsj.com)
- Apple ($AAPL) has a Texas problem. (popular.info)
IPOs
- Toast ($TOST) is having quite a debut. (cnbc.com)
- Bill Ackman is cashing in on the Universal Music Group debut. (institutionalinvestor.com)
Finance
- Private equity is increasingly in the business of life insurance. (wsj.com)
- Intuit ($INTU) is getting into corporate venture. (techcrunch.com)
- Pre-deal SPACs now have their own ETF. (etf.com)
Earlier on Abnormal Returns
- Personal finance links: the power of saving. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: genuine stock selection skill. (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)
