Quote of the Day
"We tend to believe we have more control over events than we actually do. This belief leads to an underestimation of risk."
(Vishal Khandelwal)
Active management
- Why asset allocators usually fail when it comes to manager selection. (investmentecosystem.com)
- When does conviction turn into arrogance? (flyoverstocks.com)
Finance
- The London Stock Exchange Group is 'no longer particularly about London — or about trading stocks.' (ft.com)
- The Nasdaq ($NDAQ) has been on an acquisitions tear. (bloomberg.com)
Auto insurance
- Why Florida has such high auto insurance rates - auto glass lawsuits. (washingtonpost.com)
- Why so many cars get 'totaled' by insurance adjusters these days. (theautopian.com)
Las Vegas
- Why Formula One will be in Las Vegas for awhile. (huddleup.substack.com)
- The A's are officially moving to Las Vegas. (sportico.com)
Economy
- National homebuilder confidence dropped in November. (calculatedriskblog.com)
- Still no 'yellow flags' from the latest weekly itinal jobless claims. (bonddad.blogspot.com)
- Just how big a factor has 'greedflation' been on inflation? (ritholtz.com)
Earlier on Abnormal Returns
- Longform links: the business of longevity. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: perceptions of wealth. (abnormalreturns.com)
- Over a lifetime, you can accumulate a lot of stuff. The chances are nobody wants any of it. (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)
