Quote of the Day
"Success and failure are interesting because they can’t be fully explained by some third party. They have to be experienced to be understood. This is especially true with money."
(Jack Raines)
CDs
- Short duration assets, like CDs, look good right now, but they do have risks. (awealthofcommonsense.com)
- Bank CD rates are at 15-year highs. The question is for how long? (nytimes.com)
- CD investors face reinvestment risk. (barrons.com)
Strategy
- A little diversification goes a long way. (morningstar.com)
- What stocks would you pick if you had to hold them for 25 years? (wsj.com)
Finance
- Should Charles Schwab ($SCHW) kick its bank to the curb? (ft.com)
- Banks and direct lenders are increasingly in conflict. (theinformation.com)
- Why 'Bloomberg killers' so often fail. (ft.com)
Companies
- Shareholder activists are not having a good year. (wsj.com)
- Redbox wants to buy Netflix's ($NFLX) DVD business. (hollywoodreporter.com)
- Everything you need to know about Waystar-Royco. (ft.com)
Sports gambling
- The NFL just suspended five players for violations of the league's gambling policy. (nfl.com)
- Sports gambling ads make watching sports painful. (nymag.com)
- A profile of GeoComply which underlies every gambling app. (wsj.com)
Economy
- Indicators have been flashing recession for awhile now. (capitalspectator.com)
- The tailwind from falling gasoline prices is done. (bonddad.blogspot.com)
Earlier on Abnormal Returns
- Podcast links: removing the paywall. (abnormalreturns.com)
- What you missed in our Thursday linkfest. (abnormalreturns.com)
- Longform links: disappointing apps. (abnormalreturns.com)
- Ramit Sethi teaches you how to spend money. (abnormalreturns.com)
- Just in time for tax day, a custom indexing linkfest! (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)
