12/12/17 – Tuesday’s Interest-ing Reads

  • If the long-short hedge fund model dies, niche strategies will take their place. (bloomberg)
  • Bankers are no longer risk-seeking. (corpgov.law.harvard.edu)
  • A momentum investing reading list. (capitalspectator)
  • Asia makes up the majority of Bitcoin investors. (wsj)
  • A look at the structural break in mean reversion for major stock market indices. (factorresearch)
  • Want more factor oomph? Focus on small caps. (beta.morningstar)
  • The SEC, "Investors should understand that to date no initial coin offerings have been registered with the SEC. The SEC also has not to date approved for listing and trading any exchange-traded products (such as ETFs) holding cryptocurrencies or other assets related to cryptocurrencies. If any person today tells you otherwise, be especially wary." (sec.gov)
  • There is no shortage of companies doing lower cost international money
Read the rest
  • If the long-short hedge fund model dies, niche strategies will take their place. (bloomberg)
  • Bankers are no longer risk-seeking. (corpgov.law.harvard.edu)
  • A momentum investing reading list. (capitalspectator)
  • Asia makes up the majority of Bitcoin investors. (wsj)
  • A look at the structural break in mean reversion for major stock market indices. (factorresearch)
  • Want more factor oomph? Focus on small caps. (beta.morningstar)
  • The SEC, "Investors should understand that to date no initial coin offerings have been registered with the SEC. The SEC also has not to date approved for listing and trading any exchange-traded products (such as ETFs) holding cryptocurrencies or other assets related to cryptocurrencies. If any person today tells you otherwise, be especially wary." (sec.gov)
  • There is no shortage of companies doing lower cost international money transfers. (ft)
  • Tim Maurer, "What elements of your work are nourishing and life-giving?" (timmaurer)
  • Why we continue to incur big costs for small gains. (tonyisola)
  • Fire sales are never secret: the evidence. (papers.ssrn)
  • When civilization collapses, here’s hoping you are in Switzerland. (marginalrevolution)
  • Today’s must-read: This profile of Jim Simons, the Numbers King, at New Yorker (New Yorker)
  • Lessons from the General (Irrelevant Investor)
  • Nick Murray’s favorite books of 2017 including Scott Nations’ A History of the United States in "Five Crashes: Stock Market Meltdowns That Defined a Nation." (fa-mag)
  • How short strategies can help with tax efficiency. (cfainstitute)
  • Some background on history of The Permanent Portfolio. (monevator)
  • Quick gains are often a sign of luck. (ofdollarsanddata)
  • Why we discount the power of education effort and environment on success. (bloomberg)
  • Five questions for Wes Gray about momentum. (capitalspectator)
  • The statistics point toward the value of more diverse corporate boards. (bloomberg)
  • An analysis of Steve Cohen’s fintech investments. (theinformation)
  • On the benefits of highlighting your failures and disappointments. (behavioralscientist)
  • Disney’s ($DIS) interest in Fox assets is in large part to take on Netflix ($NFLX). (stratechery)
  • It’s hard to grasp just how big a bubble the Dutch East India Company was in retrospect. (visualcapitalist)
  • When independent board members leave, take heed. (alphaarchitect)
  • The ICOs that have done the least have gone up the most. (bloomberg)
  • Momentum seems to be useful in market timing factors. (alphaarchitect)
  • Many people trade likely scam stocks in the hopes of making a quick buck. (qz)
  • Your weekly reminder that alpha is ephemeral and outperformance does not persist (Wall Street Journal)
  • The ‘miracle’ that is Bitcoin. (bloomberg)
  • Mom and Pop are trading the Bitcoin Investment Trust ($GBTC). (blogs.wsj)
  • Nobody wants precious metals. (allstarcharts)
  • Who is the biggest financial charlatan of the year? Vote here: (Google Docs)
  • KKR ($KKR) is doubling down on the BDC business. (blogs.wsj)
  • Small business optimism is near an all-time high. (calculatedriskblog)
  • The real driving force behind Bitcoin Mania: The Asian middle class (Wall Street Journal)
  • Three types of crypto and how to value them. (medium)

12/11/17 – Monday’s Interest-ing Reads

  • A succinct summary of the week’s economic events. (ritholtz)
  • Bloomberg is struggling to keep its terminal counts steady. (qz)
  • Startup, Prattle, looks to apply NLP techniques to Fed and earnings calls. (bloomberg)
  • The 19 best business books of 2017. (businessinsider)
  • Akuna Capital is going to be a key player in Bitcoin futures. (qz)
  • Must-have tools and tips for year-end retirement planning (usatoday)
  • For hedge funds, 1-or-30 is the new 2-and-20. (pionline)
  • Goldman Sachs ($GS) always wins: the case of Bitcoin. (medium)
  • The Bad Product Fallacy: Don’t confuse “I don’t like it” with “That’s a bad product and it’ll fail” (andrewchen.co)
  • The economic schedule for the coming week. (calculatedriskblog)
  • ETFs are now coming to replace structured notes. (institutionalinvestor)
  • How Bitcoin miners could hedge with futures. (bespokepremium)
  • If
Read the rest
  • A succinct summary of the week’s economic events. (ritholtz)
  • Bloomberg is struggling to keep its terminal counts steady. (qz)
  • Startup, Prattle, looks to apply NLP techniques to Fed and earnings calls. (bloomberg)
  • The 19 best business books of 2017. (businessinsider)
  • Akuna Capital is going to be a key player in Bitcoin futures. (qz)
  • Must-have tools and tips for year-end retirement planning (usatoday)
  • For hedge funds, 1-or-30 is the new 2-and-20. (pionline)
  • Goldman Sachs ($GS) always wins: the case of Bitcoin. (medium)
  • The Bad Product Fallacy: Don’t confuse “I don’t like it” with “That’s a bad product and it’ll fail” (andrewchen.co)
  • The economic schedule for the coming week. (calculatedriskblog)
  • ETFs are now coming to replace structured notes. (institutionalinvestor)
  • How Bitcoin miners could hedge with futures. (bespokepremium)
  • If the Bitcoin scene starts levering up, then worry. (businessinsider)
  • We need Bitcoin options, not futures. (bloomberg)
  • Amazon ($AMZN) has more private label brands than you think. (l2inc)
  • A a16z presentation: Decrypting Crypto. (a16z)
  • Fans of active management in fixed income are just wrong. (aqr)
  • 2018 is likely to see political risk rear its ugly head. (thereformedbroker)
  • Want to juice your managed futures returns? Think corporate bonds. (mrzepczynski.blogspot)
  • International equities are now leading the one-year performance chase. (capitalspectator)
  • A look at the rules Ray Dalio uses to manage Bridgewater Associates. (bloomberg)
  • Global ideals of beauty are converging. (businessinsider)
  • Dark pools are ramping up their AI spending. (institutionalinvestor)
  • The best novels of 2017. (pastemagazine)
  • Who knew? Twitter ($TWTR) users love 280 characters. (buzzfeed)
  • Tax Changes Are Coming Next Year, But You Can Plan for Them Now (nytimes)
  • How Amazon ($AMZN) picks its ‘deals of the day.’ (wsj)
  • The AI Powered Equity ETF ($AIEQ) has quickly garnered $75 million in AUM. (marketwatch)
  • Index funds have won. It now may be time to examine among the forgotten stocks. (blogs.wsj)
  • No Deal: How Secret Talks With Russia to Prevent Election Meddling Collapsed (buzzfeed)
  • Fred Wilson, I think we are going through a similar phase of growing pains with crypto/blockchain. And things will be messy for a while. So proceed with caution, don’t get too far out over your skis, don’t invest more than you can afford to lose, and be prudent." (avc)
  • Parallels between Bitcoin the the Dotcom bubble. (medium.freecodecamp)
  • A stunning new study shows that Fox News is more powerful than we ever imagined (vox)
  • ETFs used to be synonymous with index funds. No longer. (marketwatch)
  • What a complacent investor looks like. (awealthofcommonsense)
  • Scammers are now using promoted tweets on Twitter ($TWTR). (ftalphaville.ft)
  • JP Morgan ($JPM) is getting into the managed futures space. (etf)
  • The Bitcoin Whales: 1,000 People Who Own 40 Percent of the Market&#xA0 (bloomberg)
  • Your financial plan shouldn’t be predicated on owning every asset that goes bonkers. (peterlazaroff)
  • Benoit Mandelbrot’s Ideas About Investing and Markets (Made as Simple as Possible, But Not Simpler). (25iq)
  • How Bitcoin compares to previous bubbles. (arstechnica)
  • What CEOs had to say on conference calls this week. (avondaleam)
  • Bitcoin futures are now trading. (bloomberg)
  • Gavyn Davies, "The models continue to indicate that the probability of recession in the next 12 months is quite low." (ft)
  • This is historically the most bullish week of the year for the S&P 500. (quantifiableedges)
  • A talk Kip Meadows CEO of startup white label ETF provider Fieldstone. (etf)
  • Man Group is launching a quant hedge fund in China. (ft)
  • An $80 coffee mug? Actually sounds pretty cool. (wired)
  • Bitcoin transactions are taking longer, and costing more, to complete. (arstechnica)
  • Blackrock ($BLK) is valued as an oligopolistic ETF franchise, not a traditional asset manager. (ft)
  • How to talk to clients about ETFs. (etf)
  • How Depeche Model stayed popular. (bloomberg)
  • New Zealand has a homeless problem. (ft)
  • Low vol comes to the high yield space with the IQ S&P High Yield Low Volatility Bond ETF ($HYLV). (beta.morningstar)
  • Why Switzerland is so peaceful. (marginalrevolution)
  • Don’t give up on value now. (etf)
  • The rise of Bitcoin has unleashed a whole mess of other manias. (ft)
  • 11 things you can quit worrying about right now. (medium)
  • The credit markets are wide open: even Tajikistan can raise money. (institutionalinvestor)
  • By all standards 2017 ETF inflows are going to set a record. (wsj)
  • The ‘why’ in markets are best answered in hindsight. (thereformedbroker)
  • Apple ($AAPL) is buying Shazam. (venturebeat)
  • Has global volatility bottomed? (seeitmarket)
  • LSATs are no longer necessary to get into law schools. (wsj)

12/09/17 – Saturday’s Interest-ing Reads

  • ); see also Why Beauty Is Not Universal (nautil.us)
  • GMO salmon is opening the gates to more food types. (ft)
  • Just how big is the hedge fund industry? (winton)
  • When attractive people are at a disadvantage getting a job. (work.qz)
  • A talk with Dr. Kenyon Meadows author of "Alternative Financial Medicine: High Yield Investments in a Low Yield World." (whitecoatinvestor)
  • How commitment contracts can help break bad habits. (medium)
  • Capex spending is often rewarded during boom periods. (fortunefinancialadvisors)
  • Russ Roberts talks with Anthony Gill about why tipping still exists. (econtalk)
  • The November NFP report was strong including a 4.1% unemployment rate. (calculatedriskblog)
  • Coinbase is now the most popular iPhone app. (recode)
  • Tracy Alloway and Joe Weisenthal talk with Andrew Lo author of "Adaptive Markets." (bloomberg)
Read the rest
  • ); see also Why Beauty Is Not Universal (nautil.us)
  • GMO salmon is opening the gates to more food types. (ft)
  • Just how big is the hedge fund industry? (winton)
  • When attractive people are at a disadvantage getting a job. (work.qz)
  • A talk with Dr. Kenyon Meadows author of "Alternative Financial Medicine: High Yield Investments in a Low Yield World." (whitecoatinvestor)
  • How commitment contracts can help break bad habits. (medium)
  • Capex spending is often rewarded during boom periods. (fortunefinancialadvisors)
  • Russ Roberts talks with Anthony Gill about why tipping still exists. (econtalk)
  • The November NFP report was strong including a 4.1% unemployment rate. (calculatedriskblog)
  • Coinbase is now the most popular iPhone app. (recode)
  • Tracy Alloway and Joe Weisenthal talk with Andrew Lo author of "Adaptive Markets." (bloomberg)
  • Brian Koppelman talks with restaurateur Danny Meyer. (player.fm)
  • The tide seems to be turning against indiscriminate antibiotic use on farms. (npr)
  • Harvard MBAs are jumping into politics. (wsj)
  • Could a Videogame Strengthen Your Aging Brain? (wired)
  • Native Indian dog breeds are getting shoved aside by traditionally Western breeds. (scroll.in)
  • Most arguments are a waste of time. (thereformedbroker)
  • Why no lead in the NBA is safe any more. (wsj)
  • The Secrets That Product Packaging Reveals About Retail (theatlantic)
  • "Why are hotel showers so unfathomable?" (ft)
  • Tim Ferriss author of "Tribe of Mentors: Short Life Advice from the Best in the World" is facing mid-life in a vulnerable place. (goodlifeproject)
  • George Pearkes talks with Eddy Elfenbein portfolio manager of AdvisorShares Focused Equity ETF ($CWS). (bespokepremium)
  • Is the Endowment Tax a Trojan Horse? (ai-cio)
  • The depressing lesson of political sex scandals (theweek)
  • Don’t Blame the Election on Fake News. Blame It on the Media. (cjr)
  • The case for activist investors. (fortune)
  • All you really have is the present moment. (medium)
  • King Corn no more. American farmers plant more soybeans than corn. (npr)
  • How brands use modern-day payola to make their way into online publications. (theoutline)
  • Nissan is set to start testing ‘robot taxis’ in Japan next year. (wsj)
  • The Never-Ending Foreclosure (theatlantic)
  • The best TV shows of 2017. (theringer)
  • Portugal decriminalized most drugs. Guess what happened next? (theguardian)
  • What makes a money manager unique? (ritholtz)
  • 52 (surprising) things learned in 2017. (medium)
  • Shohei Ohtani is Yu Darvish and Hideki Matsui all rolled into one. (fivethirtyeight)
  • Barry Ritholtz’s must-read books of 2017. (bloomberg)
  • The Hidden Networks of Dog Rescue (topic)
  • The Great Recession is over, but it had real impacts on society, and we are still dealing with today. (theatlantic)
  • The case for real assets. (thefelderreport)
  • In the current age is the office romance dead and buried? (wsj)
  • Patrick O’Shaughnessy talks blockchain technologies with Adam Ludwin. (overcast.fm)
  • Portugal’s Radical Drugs Policy Is Working. Why Hasn’t the World Copied It? (theguardian)
  • The story of $200k in Bitcoin lost (and found). (engadget)
  • It’s hard to believe but there was a big fight over installing lights at Wrigley Field. (30for30podcasts)
  • Meb Faber talks with Howard Lindzon about momentum and angel investing. (mebfaber)
  • The story of how Tilman Fertitta purchased the Houston Rockets. (texasmonthly)
  • How much energy does bitcoin mining really use? It’s complicated (wired.co.uk)
  • Apple’s favorite apps of the year. (businessinsider)
  • This video game is being used to help kids with ADHD. (statnews)
  • Freshen your feed: 14 people to follow on Financial Twitter. (blogs.cfainstitute)
  • Green cars need green metals to make sense. (ft)
  • How meditation is being used in schools in lieu of traditional discipline. (cnn)
  • Being married could help prevent dementia later in life. (bigthink)
  • How to use mindfulness to make better decisions. (bakadesuyo)
  • Cataract surgery may extend your life. (nytimes)
  • Insects are a cheaper, more environmentally friendly form of protein. (ft)
  • The first episode of the Bob Lefsetz podcast. (overcast.fm)
  • Dan Harris talks with Dr. David Vago about how meditation changes your brain. (stitcher)
  • Americans are holding a lot of stock. (jlfmi.tumblr)
  • Chronicler of Islamic State ‘Killing Machine’ Goes Public (apnews)
  • Share buybacks are improperly demonized. (papers.ssrn)
  • Japan Embraces the Robot Takeover (bloomberg)
  • Barry Ritholtz talks with Jeremy Schwartz, director of research at Wisdomtree ($WETF). (bloomberg)
  • Echofin aims to be the ‘Slack for finance.’ (techcrunch)
  • Why the issuance of non-traded REITs has plummeted. (investmentnews)
  • Why is giving birth so difficult for humans? (theatlantic)
  • The 92-Year-Old Woman Who Is Still Shaking Up Wall Street (wsj)
  • California may ban ICE-powered cars by 2040. (bloomberg)
  • California’s building regulations are a major reasons houses are so expensive. (nytimes)
  • Sonic Tonic: Millions of people in cities rely on recorded nature sounds to manage sleep and stress, and scientists are slowly understanding why it works. (motherboard.vice)
  • Grass-fed beef is not all that much better for the environment. (qz)
  • Ted Seides talks with Paul Sonkin and Paul Johnson co-authors of "Pitch the Perfect Investment." (capitalallocatorspodcast)
  • There are 40 immunotherapy trials underway to treat peanut allergies. (axios)
  • Apple ($AAPL) ruined its Podcast app. (slate)
  • YouTube, Facebook, and Twitter need to be proactive (and transparent) about removing abusive content. (stratechery)
  • Manchester City is trying to build a global farm system of talent. (ft)
  • Nine charts that explain the November NFP report. (blogs.wsj)
  • Does SoulCycle still work if you take out the Cycle part? (fastcompany)
  • These are the best wireless headphones. (theverge)
  • JC Parets talks inter-market analysis with James Bianco of Bianco Research. (technicalanalysisradio)
  • If carbon dioxide is the problem, then why isn’t carbon capture a solution? (qz)
  • The Great Swindle: From Pickled Sharks to Compositions in Silence, Fake Ideas and Fake Emotions Have Elbowed Out Truth and Beauty (aeon.co)
  • How CRISPR could be used to fight antibiotic-resistant germs. (wsj)
  • The Switch has saved Nintendo. (theringer)
  • Why MLP shares are stuck in a rut. (bloomberg)
  • You can’t run a AI-fund without human intervention. (economist)
  • For a markets junkie, Bitcoin has it all. (awealthofcommonsense)
  • Benedict Evans looks at trends for the next ten years in technology. (ben-evans)
  • It’s hard to find much to complain about in the macroeconomy. (fat-pitch.blogspot)
  • Viagra is going generic. (bloomberg)
  • The best films of 2017. (theringer)
  • Brett McKay talks with Geoffrey Greif, author of the book "Buddy System: Understanding Male Friendships." (artofmanliness)
  • Automobile leases will soon be subscriptions. How cool is that? (slate)
  • Here’s hoping this is true: eating cheese every day is pretty good for you. (time)
  • Millions Are Hounded for Debt They Don’t Owe. One Victim Fought Back, With a Vengeance (bloomberg)
  • I Made My Shed the Top Rated Restaurant On TripAdvisor (vice)
  • This “Me Too” Timeline Shows Why 2017 Was a Reckoning For Sexism (fastcompany)
  • Carbon fiber is finding its way into pickup trucks. (wsj)
  • ClassPass is going to offer live, online, interactive classes. (businessinsider)
  • Jocelyn Glei talks with Tyler Cowen about "true risk-taking." (hurryslowly.co)
  • Ted Seides talks with Larry Mestel founder of PrimaryWave about investing in music publishing rights. (capitalallocatorspodcast)
  • How driverless cars will change auto insurance. (hbr)
  • How Dollar General ($DG) became rural America’s go-to store. (wsj)
  • Dogs can sense human emotions. (blogs.scientificamerican)

12/07/17 – Thursday’s Interest-ing Reads

  • Founders need to ask themselves why they need outside capital in the first place. (om.co)
  • The exchanges don’t want to tell you how much money they make off of market data. (wsj)
  • It’s not enough to hire well. You have to onboard well too. (medium)
  •  Low Food Prices Are Hurting Farm State Economies (blogs.wsj)
  • Bad News for the Highly Intelligent (scientificamerican)
  • What it’s like to go on an Amazon ($AMZN) diet? (wsj)
  • The best books of 2017 including Adam Carver’s "Smart Portfolios." (readingthemarkets.blogspot)
  • Ray Dalio: Watch Out for the Effects of Tax Reform on Tax Migration, the Fiscal Conditions of Affected States and Cities, and Polarity in America (linkedin)
  • Nothing like a bubble to kick in your hindsight bias. (theirrelevantinvestor)
  • Actionable news is rare: how to read
Read the rest
  • Founders need to ask themselves why they need outside capital in the first place. (om.co)
  • The exchanges don’t want to tell you how much money they make off of market data. (wsj)
  • It’s not enough to hire well. You have to onboard well too. (medium)
  •  Low Food Prices Are Hurting Farm State Economies (blogs.wsj)
  • Bad News for the Highly Intelligent (scientificamerican)
  • What it’s like to go on an Amazon ($AMZN) diet? (wsj)
  • The best books of 2017 including Adam Carver’s "Smart Portfolios." (readingthemarkets.blogspot)
  • Ray Dalio: Watch Out for the Effects of Tax Reform on Tax Migration, the Fiscal Conditions of Affected States and Cities, and Polarity in America (linkedin)
  • Nothing like a bubble to kick in your hindsight bias. (theirrelevantinvestor)
  • Actionable news is rare: how to read financial news. (collaborativefund)
  • Not every big exit has VC behind it: the case of RXBAR. (chenmarkcapital)
  • Elliott Management is by far and away the most successful activist investor. (fortune)
  • Bitcoin energy use is not sustainable. (grist)
  • Ray Dalio will give $10 to charity if you buy a copy of his book "Principles." (principles)
  • First Round Capital’s State of Startups 2017. (stateofstartups.firstround)
  • Can index funds be a force for good? (hbr)
  • Flash crashes happen in the forex markets more often than commonly thought. (bloomberg)
  • Every great pitch starts with a discrete change in the world. (medium)
  • Momentum has been THE factor of 2017. (capitalspectator)
  • One theory on why Bitcoin trading going into the launch of futures. (ftalphaville.ft)
  • How AI will play a role in entertainment. (variety)
  • How Not to Run a Sovereign Wealth Fund (bloomberg)
  • It’s hard to build quant models for crypto when you don’t have much data. (bloomberg)
  • Stop saying the stock market is up only because of the Fed. (pragcap)
  • The Bitcoin bubble is unique because it has happened without a banker in sight. (thereformedbroker)
  • Shale oil producers are being held to account for not generating free cash flow. (wsj)
  • If you choose to invest sustainably, returns shouldn’t hold you back. (beta.morningstar)
  • As Bitcoin’s value has increased its use as a payment system has declined. (nytimes)
  • Some big players are pushing back against the introduction of Bitcoin futures. (ft)
  • Weekly initial unemployment claims are bumping around low levels. (calculatedriskblog)
  • This is a great tweetstorm of: "Things Many People Find Too Obvious To Have Told You Already." (twitter)
  • 2016’s worst performers didn’t bounce in 2017. (bloomberg)
  • Should you get Alexa for your office? (moneyhabits.bankozarks)
  • Why founders need to recognize their own limitations. (codingvc)
  • Quant models decay: which is why human talent still matters. (ftalphaville.ft)
  • Coinbase, as a company, is drinking water from a fire hose. (nytimes)
  • Why are America's farmers killing themselves in record numbers? (theguardian)
  • Howard Lindzon talks 20 years of startup investing. (medium)
  • Google’s ($GOOGL) AlphaGo just destroyed the best chess playing software. (chess)
  • Entrepreneurs Are Betting on a Billion-Dollar Future for Hemp (bloomberg)
  • Co-working spaces are not for everybody. (ft)
  • Steve Case’s Rise of the Rest has attracted an all-star cast of investors to bring venture capital to the Midwest. (nytimes)
  • The differences between being a VC and a startup CEO are stark. (blog.midweststartups)
  • One Potential Winner From Tax Overhaul: Corporate Bonds (wsj)
  • Have investors lost faith in buybacks? (bloomberg)
  • The story behind Minnesota's Viking (espn)
  • Building a business from the get-go with revenue in mind. (medium)
  • Dear Guy Who Just Made My Burrito (medium)
  • Coinbase is the breakout startup of 2017. (blog.semilshah)
  • Passive managers are devoting more resources to stewardship. (beta.morningstar)
  • Some crypto shorthand you need to know. (thereformedbroker)

12/06/17 – Wednesday’s Interest-ing Reads

  • The London Business School tops the FT’s 2017 list of the best European business schools. (ft)
  • The Power of (Admitting Your) Mistakes (umairhaque)
  • This Could Be the Top … buuuuuuut it might not be. (theirrelevantinvestor)
  • Prime brokers are not impartial judges of the value of illiquid assets. (dealbreaker)
  • Investing Lessons from the Dude. “Or, uh, His Dudeness, or uh, Duder, or El Duderino if you’re not into the whole brevity thing.” (25iq)
  • How stock screening can help offset some of our biases. (validea)
  • Hidden peril awaits China’s banks as property binge fuels mortgage fraud frenzy (reuters)
  • A proposal for helping female advisors get more referrals. (advisorperspectives)
  • Matt Levine: The ICO scam is as old as time. (Bloomberg View)
  • Doubts are growing about tether. (bloomberg)
  • HomePod isn’t the
Read the rest

12/04/17 – Monday’s Interest-ing Reads

  • What the Pliocene epoch can teach us about future warming on Earth (sciencenews)
  • What are high yield bonds? (pensionpartners)
  • Tesla ($TSLA) no longer operates in a competitive vacuum. (dealbreaker)
  • The slope of the yield curve is not a concern yet. (ftalphaville.ft)
  • Businesses have been slow to adopt Bitcoin as a transaction vehicle. (wsj)
  • Could the Fed offer a digital currency at so (wsj)
  • Regulators are still a bit behind on Bitcoin futures. (bloomberg)
  • Voters don’t vote their self-interest. They vote their values. (georgelakoff)
  • We are looking at a bad flu season. (popsci)
  • Many current MLP investors are "confused." (sl-advisors)
  • 5 big ETF one-hit wonders. (etf)
  • Even Robots Are Joining the Bitcoin Craze as Quants Seek an Edge (bloomberg)
  • Smart speakers (and wireless earphones) are the same
Read the rest
  • What the Pliocene epoch can teach us about future warming on Earth (sciencenews)
  • What are high yield bonds? (pensionpartners)
  • Tesla ($TSLA) no longer operates in a competitive vacuum. (dealbreaker)
  • The slope of the yield curve is not a concern yet. (ftalphaville.ft)
  • Businesses have been slow to adopt Bitcoin as a transaction vehicle. (wsj)
  • Could the Fed offer a digital currency at so (wsj)
  • Regulators are still a bit behind on Bitcoin futures. (bloomberg)
  • Voters don’t vote their self-interest. They vote their values. (georgelakoff)
  • We are looking at a bad flu season. (popsci)
  • Many current MLP investors are "confused." (sl-advisors)
  • 5 big ETF one-hit wonders. (etf)
  • Even Robots Are Joining the Bitcoin Craze as Quants Seek an Edge (bloomberg)
  • Smart speakers (and wireless earphones) are the same business. Guess who will dominate? (economist)
  • B-schools are desperately looking for blockchain experts. (ft)
  • America’s fertility rate is dropping, fast. (medium)
  • The universe of blockchain-related stocks is so small you pretty much need to buy them all for a blockchain ETF. (mutualfundobserver)
  • Just how low volatility has been in 2017. (bloomberg)
  • Five things to think about other than ETF fees. (vanguardblog)
  • Shareholders in MLPs have (extremely) limited rights. (sl-advisors)
  • Uh oh. MBA types are interested in cryptocurrencies. (dealbreaker)
  • Next week Chicago will be the center of the Bitcoin world. (wsj)
  • Bitcoin, Ignorance and You (blogs.wsj)
  • 98,750,067,000,000 Reasons to Be Worried About 2018 (bloomberg)
  • A Q&A with Will Rhind of startup ETF provider GraniteShares. (etfdb)
  • The case for the Japanese yen. (themacrotourist)
  • Why CTAs will soon be including Bitcoin amongst their trading vehicles. (bloomberg)
  • Female fund managers are more likely to leave the industry at any age. (wsj)
  • How Amazon ($AMZN) and Wal-Mart ($WMT) are becoming more alike. (businessinsider)
  • Hipsters love RVs. (wsj)
  • The case for the CVS ($CVS)-Aetna ($AET) merger. (nytimes)
  • The case for quadruple leveraged ETFs. (citywireusa)
  • A list of the US companies with the most cash held overseas. (axios)
  • Managed futures have performed pretty much in line for the YTD. (mrzepczynski.blogspot)
  • A succinct summary of the week’s economic events. (ritholtz)
  • International stocks are still pretty much making up for a bad 2014-2016. (theatlasinvestor)
  • How 41 People in Lithuania Took Over Your Facebook Feed (nytimes)
  • Is there pent up demand to short Bitcoin? (bloomberg)
  • The economy can’t be explained by the numbers alone. (awealthofcommonsense)
  • Tech Giants’ Shadows Fall Over Promising Startups (barrons)
  • How much of Bitcoin’s rise can be attributed to our political situation? (ft)
  • How the deal could transform CVS stores into ‘front doors’ into the health care system. (money.cnn)
  • How various tactical asset allocation strategies performed in November 2017. (allocatesmartly)
  • Canada could make billions from legal pot (money.cnn)
  • Vanguard is launching five single-factor ETFs in 2018. (blogs.wsj)
  • Blackrock ($BLK) and Vanguard are on track the asset management industry. (bloomberg)
  • How the City of Chicago was able to issue AAA-rated bonds. (wsj)
  • Some cautionary words on high yield bond ETFs. (blogs.cfainstitute)
  • How JP Morgan ($JPM) and Vanguard are approaching factor ETFs differently. (citywireusa)
  • Using The Latte Index to suss out overvalued (and undervalued) currencies. (visualcapitalist)
  • How to move across country without going crazy. (gq)
  • The big banks are taking threats of a massive cyberattack seriously. (wsj)
  • Blackrock ($BLK) and Vanguard are on track to have $20 trillion in AUM. (bloomberg)
  • A deep dive into sector performance in November. (mrzepczynski.blogspot)
  • A look at some mutual funds that have been around 2 years but not 3, i.e. star-eligible. (mutualfundobserver)
  • Bill Gates’ five favorite books from 2017. (businessinsider)
  • Just in case you needed another lesson in why you shouldn’t mix politics and portfolios. (bclund)
  • The economic schedule for the coming week. (calculatedriskblog)
  • Just how big is the smart speaker market? (aboveavalon)
  • Tyler Cowen’s (extended) list of the best non-fiction books of 2017. (marginalrevolution)

12/02/17 – Saturday’s Interest-ing Reads

  • The Nintendo Switch is pretty much perfect. (qz)
  • James Altucher talks with Tyler Cowen about our collective complacency. (player.fm)
  • Why These Retailers Had Shorter Lines This Black Friday (barrons)
  • Ben and Michael discuss whether we need a ‘Vanguard of alts.’ (awealthofcommonsense)
  • Malls never wanted gyms as tenants. Now they are a hot property. (wsj)
  • Bloomberg competitor Money.net now has more than 80,000 subscribers. (talkingbiznews)
  • Seven things you are paying too much for in a restaurant. (bloomberg)
  • Where Macy’s Came From&#xA0 (bloomberg)
  • There is far more life below the surface of Earth than commonly thought. (aeon.co)
  • Brian Koppelman talks with Eric Heisserer screenwriter of the great film ‘Arrival.’ (itunes.apple)
  • Awkward: when the supplement you are try to market fails in a clinical trial. (cnbc)
  • Earning a lot
Read the rest
  • The Nintendo Switch is pretty much perfect. (qz)
  • James Altucher talks with Tyler Cowen about our collective complacency. (player.fm)
  • Why These Retailers Had Shorter Lines This Black Friday (barrons)
  • Ben and Michael discuss whether we need a ‘Vanguard of alts.’ (awealthofcommonsense)
  • Malls never wanted gyms as tenants. Now they are a hot property. (wsj)
  • Bloomberg competitor Money.net now has more than 80,000 subscribers. (talkingbiznews)
  • Seven things you are paying too much for in a restaurant. (bloomberg)
  • Where Macy’s Came From&#xA0 (bloomberg)
  • There is far more life below the surface of Earth than commonly thought. (aeon.co)
  • Brian Koppelman talks with Eric Heisserer screenwriter of the great film ‘Arrival.’ (itunes.apple)
  • Awkward: when the supplement you are try to market fails in a clinical trial. (cnbc)
  • Earning a lot of money at an early age i both a blessing and a curse. (awealthofcommonsense)
  • The University of Wisconsin is pushing hard to save its full-time MBA program. (wsj)
  • Tim Ferriss on how to say no. (tim.blog)
  • Jeremy Schwartz talks factors with Wes Gray and Andrew Weisman. (soundcloud)
  • Tudor throws in the towel on a macro fund (Bloomberg)
  • Cryptocurrency-related job listings are surging on LinkedIn. (bloomberg)
  • Bill Simmons talks with author Chuck Klosterman. (soundcloud)
  • Why 2017 Felt Like 1937 (And 2018 Will Feel Like 1938) (Medium)
  • The Kindle Oasis is the best e-reader out there. (techcrunch)
  • Are wet wipes flushable or not? (npr)
  • Maryland’s blue crab industry is drying for lack of labor. (eater)
  • GM plans large-scale launch of self-driving cars in U.S. cities in 2019 (Reuters)
  • Rising foreign enrollments are bailing out public universities. (qz)
  • Rural America is increasingly wary of industrial agriculture. (wsj)
  • The best fiction books of 2017. (marginalrevolution)
  • Tim Ferriss talks with Tim Urban of Wait But Why fame. (tim.blog)
  • Why markets are going to miss Janet Yellen. (bloomberg)
  • Is it really possible to thrive as a two-way player in MLB? (sports.yahoo)
  • The loss of sea ice is making Alaska’s coastline vulnerable to storms. (scientificamerican)
  • Households headed by people 75 and older are the biggest buyers of stocks since 2007 (Bloomberg)
  • A flattening yield curve should give the Fed pause. (economist)
  • It’s difficult to point to real value-added in the ICO space. (ftalphaville.ft)
  • Robots will destroy our jobs — and we’re not ready for it (theguardian)
  • People are less dismissive of ideas they hear, than read. (axios)
  • Amazon is so good at keeping prices low, it’s changed how economists think about inflation (qz)
  • Much of what you know about concussions is wrong. (qz)
  • American kids don’t give a f*ck about your global standardized tests. (blogs.wsj)
  • Business lessons from Katrina Lake of newly IPO’d StitchFix ($SFIX). (25iq)
  • How Hedge Funds Hurt Puerto Rico (institutionalinvestorsalpha)
  • Bitcoin is "an electronic version of gold." (johnhcochrane.blogspot)
  • How to worry better. (thecut)
  • CFTC approves digital coin futures trading on 3 exchanges (Business Insider)
  • The best books of 2017. (kottke)
  • Elon Musk wants to build a high-speed Loop from O’Hare to Downtown. (fortune)
  • George Pearkes talks with George Livadas of Upslope Capital Management. (bespokepremium)
  • Fecal transplants are coming to a pill. (theverge)
  • Magic mushrooms are next for a legalization campaign in California. (theguardian)
  • How LED lights make light pollution more likely. (wsj)
  • Bitcoin price breaks $10,000. Here’s what history tells us comes next. (Investment News)
  • Scott Galloway talks with Scott Harrison of charity:water. (youtube)
  • Inequality in higher education is difficult to address. (behavioralscientist)
  • I am a time traveler from the future, here to beg you to stop what you are doing (reddit)
  • Sam Harris talks CRISPR with Jennifer A. Doudna. (samharris)
  • The case for normalizing impeachment. (vox)
  • The best audiobooks of 2017. (pastemagazine)
  • The 50 best albums of 2017. (pastemagazine)
  • Are we overstated the US’ oil and gas reserves? (bloomberg)
  • Scott Galloway answers "Are the big four a force for good?" (l2inc)
  • Traders are selling Treasurys and plowing into financial stocks (Stockcharts.com)
  • The math is complicated but EVs running on coal-generated electricity are still greener than traditional ICE autos. (bloomberg)
  • Shane Parrish talks with Gary Taubes about the dangers of sugar. (farnamstreetblog)
  • The NFL Is Dying; Here’s Why (weeklystandard)
  • "Getting out of an illiquid asset—as this week, when exchanges struggled to cope with trading volumes—can be harder than getting into it." (economist)
  • So Long As There Are Wants and Needs, There Will Be Jobs (realclearmarkets)
  • The 25 best TV shows of 2017. (pastemagazine)
  • Something very stupid is happening in the Senate right now (Business Insider)
  • Researchers are becoming more optimistic in the fight against Alzheimer’s. (ft)
  • Less burpy cows would help reduce methane emissions. (bloomberg)
  • How to not be an interrupting *sshole. (lifehacker)
  • The Freakonomics guys on why productivity growth is so darn low. (freakonomics)
  • It’s hard NOT to have capital gains this year. What to do next. (bloomberg)
  • Investing success comes down to to simple decisions. (validea)
  • Is a bacteria the cause of half of colon cancers? (nytimes)
  • Strength training is good for you. (outsideonline)
  • FIFA is having a hard time attracting sponsors. (nytimes)
  • Neuroscience is merging with computing. (technologyreview)
  • Immunotherapy is wildly effective against cancer, but only for small minority. (wired)
  • Brett McKay talks with Tim Ferriss, author of "Tribe of Mentors: Short Life Advice From the Best in the World." (artofmanliness)
  • Firefox Chrome is now as good or better than Google ($GOOGL) Chrome. (wired)
  • Tax reform hits a snag in congress (New York Times)
  • True Chicagoans know about the Pedway. (bbc)
  • Why you should carry heavy stuff not just lift it. (artofmanliness)
  • For city dwellers not having a garage makes having an EV difficult, i.e. no charger. (sfchronicle)
  • Mark Manson, "F*ck your feelings." (markmanson)
  • The Tree That Rocked The Music Industry (npr)
  • Where we are in the influenza season. (statnews)
  • Why you should be running 5Ks not marathons. (fivethirtyeight)
  • The best films of 2017. (marginalrevolution)
  • Apple ($AAPL) is launching a new study to identify irregular heart rhythms using the Watch. (theverge)
  • Brett McKay, "Past failure is no excuse for present inaction." (artofmanliness)
  • Bitcoin futures are coming December 18th. (cnbc)
  • Why CTAs should actively manage their cash. (mrzepczynski.blogspot)
  • JC Parets talks with Charlie Bilello of Pension Partners. (technicalanalysisradio)
  • Meb Faber talks with Randy Swan of Swan Global Investments. (mebfaber)

11/30/17 – Thursday’s Interest-ing Reads

Read the rest
  • It Started as a Tax Cut. Now It Could Change American Life. (New York Times)
  • A Q&A with Alfred Spector CTO of hedge fund Two Sigma. (nautil.us)
  • How resilient is your startup? (vcwithme.co)
  • Why hedge funds are willing to pay for Quandl’s alternative data. (business.financialpost)
  • The best brands are consistent and have a great look and feel. (firstround)
  • AARP: 1 in 4 seniors will see a tax hike (!) under this bill (The Hill)
  • 12 signs a company is a ‘value trap.’ (bloomberg)
  • Become a Better Investor’s Top 5 Bloggers of 2017. (becomeabetterinvestor)
  • Poor customer retention will kill your startup. (reforge)
  • Please, please don’t borrow against your Bitcoin position. (prestonbyrne)
  • Hedge funds really aren’t trading all that much. (zerohedge)
  • Solar is simply too cheap for rising EV adoption to cause the system to regress. (medium)
  • What’s Going on with Wages? (strategy-business)
  • The IRS wants information from Coinbase about its high value users (TechCrunch)
  • Great Products vs. Great Businesses (collaborativefund)
  • Great advice from Winston Churchill for investors and entrpreneurs. (avc)
  • This Is What Could Pop the Bitcoin Bubble (Bloomberg)
  • How people in the startup ecosystem should think about public markets and the macroeconomy (medium)
  • Great News From McKinsey: Robots Will Take 800 Million Jobs Worldwide By 2030 (Zero Hedge)
  • Sophisticated investors have always sought out investing edges using data and computing power not available to ‘mom and pop’ investors. (bloomberg)
  • Yahoo Finance is getting into the cryptocurrency game. (axios)
  • Athony Isola, "Markets don’t operate in sealed jars." (tonyisola)
  • Why hedge funds may want to pay bonuses early. (bloombergquint)
  • Trend-following funds are venturing into less liquid markets. (ft)
  • The simplest things are often the most difficult: the case of Ringo Starr. (jeffmatthewsisnotmakingthisup.blogspot)
  • Emerging market debt maturities are rising. (ft)
  • The Senate Is Rushing to Pass Its Tax Bill Because It Stinks (New York Times)
  • Where Chicago Isn’t the Second City (wsj)
  • We are still early in the game: don’t get hung up on any individual coin. (pragcap)
  • How America’s Most Important Highway Fails (wsj)
  • We are entering the ‘most dangerous’ period of the economic cycle. (pro.creditwritedowns)
  • Where ‘the golden rule’ goes wrong. (m.signalvnoise)
  • Why my generation is so unhappy economically. (nytimes)
  • Is crypto more Tulip bubble or South Sea bubble? (valueandopportunity)
  • Natural gas and wind are simply outcompeting coal. (wsj)
  • A bunch of Bitcoin may simply be lost or unrecoverable. (fortune)
  • Is it possible? Rubio may have a backbone… (Wall Street Journal)
  • Bitcoin: Your grandma is buying (Wall Street Journal)
  • A profile of venture debt lender Hercules Capital. (bloomberg)
  • Jay-Z’s most unguarded interview ever, hope you didn’t miss (New York Times)
  • Your digital privacy rights will be redefined by this Supreme Court case (news.vice)
  • It Started as a Tax Cut. Now It Could Change American Life.&#xA0 (nytimes)
  • Why Vanguard’s Smart-Beta Bet May Unsettle Its Rivals (institutionalinvestor)
  • Why the US needs a sovereign wealth fund. (nytimes)
  • Jack Vogel, "Even passive index investors are betting on factors." (alphaarchitect)
  • Tyler Cowen on how to think about Bitcoin. (marginalrevolution)
  • iShares looking to get ahead of next year’s stimulus bill (ETF.com)
  • The case for Bitcoin as a ‘pure bubble.’ (ft)
  • No wonder startups talk about ‘disrupting’ when raising venture capital. (hbr)
  • Europe’s tech investment scene is heating up (Bloomberg)
  • Media can never grow as fast as VCs will want. (cjr)
  • What kind of margins will Bitcoin futures require? (ftalphaville.ft)

11/29/17 – Wednesday’s Interest-ing Reads

  • Michael Arrington is launching a $100 cryptocurrency hedge fund denominated in Ripple’s XRP. (fortune)
  • Most people don’t want to deal with custodying their Bitcoin. (qz)
  • When analyzing funds, rolling returns provide more information than annual returns. (beta.morningstar)
  • Macy’s Has a Plan to Survive the Retail Apocalypse (bloomberg)
  • Five charts that show the strength in the US economy. (bloomberg)
  • Consumer confidence is soaring. (disciplinedinvesting.blogspot)
  • How Guerrilla Tactics Toppled RenTech’s Robert Mercer (institutionalinvestor)
  • Tulip bulbs vs. bitcoin: a bubble comparison (ft)
  • The comedy club scene in NYC is booming. (wsj)
  • How China’s fiscal and monetary policy will pay out over the next couple years. (themacrotourist)
  • The Internet Is Dying. Repealing Net Neutrality Hastens That Death. (nytimes)
  • Small hedge funds don’t have the wherewithal to invest in AI. (bloomberg)
  • Uber used
Read the rest
  • Michael Arrington is launching a $100 cryptocurrency hedge fund denominated in Ripple’s XRP. (fortune)
  • Most people don’t want to deal with custodying their Bitcoin. (qz)
  • When analyzing funds, rolling returns provide more information than annual returns. (beta.morningstar)
  • Macy’s Has a Plan to Survive the Retail Apocalypse (bloomberg)
  • Five charts that show the strength in the US economy. (bloomberg)
  • Consumer confidence is soaring. (disciplinedinvesting.blogspot)
  • How Guerrilla Tactics Toppled RenTech’s Robert Mercer (institutionalinvestor)
  • Tulip bulbs vs. bitcoin: a bubble comparison (ft)
  • The comedy club scene in NYC is booming. (wsj)
  • How China’s fiscal and monetary policy will pay out over the next couple years. (themacrotourist)
  • The Internet Is Dying. Repealing Net Neutrality Hastens That Death. (nytimes)
  • Small hedge funds don’t have the wherewithal to invest in AI. (bloomberg)
  • Uber used ex-CIA agents to steal trade secrets, fired manager says. Feds are investigating (latimes)
  • How Bitcoin lines up against previous burst bubbles. (thewaiterspad)
  • Josh’ observations from the massive Consensus: Invest Conference focused on cryptocurrencies. (thereformedbroker)
  • Can CME ($CME) Bitcoin contracts really serve as useful futures? (ftalphaville.ft)
  • Vanguard wants companies to disclose more on how climate change will affect their businesses. (businessinsider)
  • Goldman Sachs ($GS) joins the ‘everything is expensive’ crowd. (bloomberg)
  • Tyler Cowen’s favorite books from 2017. (bloomberg)
  • How to survive a melt-up. (theirrelevantinvestor)
  •  How James O’Keefe Exposed the Corruption in Conservative Activist Media (commentarymagazine)
  • America’s "Retail Apocalypse" Is Really Just Beginning (bloomberg)
  • Why stock correlation figures are largely useless. (alphaarchitect)
  • Some insights on how Bitcoin gains are taxed. (avc)
  • A middle aged approach to cutting the cord. (bloomberg)
  • The natural rate of interest has been declining for decades. (crossingwallstreet)

11/28/17 – Tuesday’s Interest-ing Reads

Read the rest
  • Why should we suspect that ETF investors will behave differently than others? (citywire.co.uk)
  • 13 lessons learned about the fund business. (beta.morningstar)
  • How cryptocurrencies are like Continental currencies. Seriously. (tomtunguz)
  • As Bitcoin Scrapes $10,000, an Investment Boom Like No Other (New York Times)
  • Why are property taxes so unpopular? (bloomberg)
  • Chicago is becoming quite the Bitcoin hub. (chicagobusiness)
  • Why now is a great time to diversify globally. (schwab)
  • A handful of quotes from Gene Fama. (review.chicagobooth.edu)
  • If you want to see what America would be like if it ditched net neutrality, just look at Portugal (businessinsider)
  • Holiday Sales Forecasts Still Stink (bloomberg)
  • Bitcoin will help fuel future technologies. (bloomberg)
  • Need things to worry about? Read this. (bloomberg)
  • Millennials are set to be the most unequal generation (qz)
  •  More than a Million Pro-Repeal Net Neutrality Comments Were Likely Faked (hackernoon)
  • Is This the End of the NFL? (nymag)
  • Don’t look now but international REITs are showing good 12-month performance. (capitalspectator)
  • A handful of solid investment rules will outperform a more complicated process. (ofdollarsanddata)
  • A Decade After the Crisis, King Dollar Is the World’s Tyrant (wsj)
  • Coinbase is not only the most popular crypto app it is also one of the most popular iPhone apps. (qz)
  • There are still a number of institutional hurdles for funds to invest in Bitcoin. (bloomberg)
  • The Tech Giants’ Secret War Against Fake News Is Too Secret (bloomberg)
  • The Internet Broke the Media, and There's No Turning Back (bloomberg)
  • It’s hard to argue with market breadth. (thereformedbroker)
  • Low yields are still a fixture on the investment landscape. (mrzepczynski.blogspot)
  • Thirteen books to give this holiday season including "Tribe of Mentors" by Tim Ferriss. (medium)
  • "ETF promoters need to accept fee pressure as a permanent feature of the industry…" (institutionalinvestor)
  • Companies whose CEOs have daughters seem to do better on measures of social responsibility. (alphaarchitect)
  • How big a role does shorting play in anomaly research? (quantpedia)
  • People visiting U.S. stores on Thanksgiving and Black Friday fell 4 percent from last year (wsj)
  • Index providers have a disproportionate effect on emerging markets. (bloomberg)
  • Billionaire Saudi prince learns he doesn’t have that many real friends after all (Bloomberg)
  • Excel, Microsoft ($MSFT) and the future. (bloomberg)
  • Barbara Novick, "Indexing is only one component of a diverse, robust and constantly innovating ecosystem." (wsj)
  • Q&A: Why a Value Investor Decided to Buy Bitcoin (Barron’s)
  • How to translate options-implied probabilities into real-world probabilities. (blog.thinknewfound)
  • Factor-based bond funds don’t look all that different than the competition. (institutionalinvestor)
  • How Traveling Back In Time Could Really, Physically Be Possible (medium)
  • I’m on the FCC. Please stop us from killing net neutrality (latimes)
  • Supply will eventually catch with demand for Bitcoin. (bloomberg)
  • The Bitcoin universe is much broader than it was a couple of years ago. (nytimes)
  • Pay attention, we are witnessing the first post-crisis mania. (thereformedbroker)
  • Fibonacci levels working out perfectly for crypto trading (All Star Charts)
  • Full-Throated Capitalist (l2inc)
  • You need to know the difference between your ‘investing pile’ and your ‘dumbass pile’ (pragcap)
  • Books about money worth giving as gifts including "The Opposite of Spoiled" by Ron Lieber. (getrichslowly)
  • Bitcoin futures: an (arbitrage) primer. (kiddynamitesworld)
  • What to Worry About in This Surreal Bull Market (Bloomberg)
  • Why did firms start increasingly pay dividends around 2000? (papers.ssrn)
  •  What Leonardo da Vinci Tells You About Bitcoin Prices (bloomberg)
  • Why isn’t the SEC cracking down on ICOs? (nytimes)
  • UBS exits the broker protocol (Investment News)
  • Where’s the Mutual Fund Deathwatch? (theetfeducator)
  • 29 books that people like to give away (or recommend). (farnamstreetblog)
  • Hooray for Fiona the Hippo, Our Bundle of Social-Media Joy (nytimes)
  • On the dangers of giving advice outside the mainstream. (beta.morningstar)
  • The US Mint charges a mint for proof gold and silver coins. (wsj)
  •  The S&P 500 Record Run No One Saw Coming (wsj)
  • Institutional investors are no better at trading than random. (etf)
  • Six Laws of Technology Everyone Should Know (wsj)
  • What’s going on with consumer tech this holiday season? (techpinions)
  • 11 books including, Peter Bernstein’s "Against the Gods," to understand investing. (ofdollarsanddata)
  • Attention, 401(k) investors: Own quality, purebred stocks (usatoday)
  • Is Amazon ($AMZN) a special case or the new norm? (blogs.cfainstitute)
  • SoftBank Bids to Buy Uber Shares for 30% Less Than Current Value (Bloomberg)
  • The climate has changed before. But this is different – look at the archaeological record (theguardian)
  • Businesses are not interested in taking on more bank loans. (wsj)
  • Beyond Modern Portfolio Theory: Liability-Driven Investment Strategies (blogs.cfainstitute)
  • The housing economy just continues to grind higher. (pragcap)
  • Private equity is taking off in Japan. (bloomberg)
  • How big a portfolio do you need to effectively capture factor exposures? (factorresearch)
  • What are we to make of the mushrooming number of indices wrought by self-indexing? (ft)
  • On the civil war between Bitcoin and Bitcoin Cash. (bespokepremium)
  • 3 secrets to a more meaningful life. (bakadesuyo)
  • Wells Fargo Bankers, Chasing Bonuses, Overcharged Hundreds of Clients (Wall Street Journal)
  • Five ways to combat procrastination. (heleo)
  • All the ETFs affected by how S&P classifies global industries. (etf)
  • How Tecent could help Snap ($SNAP). (hans.vc)
  • Empirical economics is coming under some much needed (statistical) scrutiny. (bloomberg)
  • How DRW Holdings became a big-time Bitcoin trader. (wsj)
  • Exploring the sleight-of-hand managers use to tout active management. (etf)
  • What you should think when you see a pundit on TV. (awealthofcommonsense)
  • Low inflation aside, the Fed is likely to hike rates again in December. (blogs.uoregon.edu)
  • Ousted for sexual misconduct, stars leave trail of unemployed in their wake (nbcnews)
  • On the difference between public and private safe assets. (libertystreeteconomics.newyorkfed)
  • 12 secrets of FedEx drivers. (mentalfloss)
  • Is Your Stockpicker Lucky or Good? (wsj)
  • Uber vs. Lyft: Blood in the water (radiofreemobile)