Review & Outlook

Our take on the investing, financial, & economic themes of the day

What We’re Reading: August 12

Quote of the Day: 

“Thus, it is only ‘disinvestors’ — people who are planning to sell stocks soon — who lose when the market falls. People who are putting more money into the market than they are taking out should be happy when the market tumbles, because it means stocks are going on sale.”

–Adam Levine-Weinberg, MSN Money

 

Tuesday links: 

U.S. Stock Futures Turn Lower (WSJ)

Smart Investors Ignore the News (MarketWatch)

The Unfortunate Realities About the Investment Business (A Wealth of Common Sense)

There’s no such thing as precision when investing (A Wealth of Common Sense)

How Amazon Finally Built a Movie Studio to Rival Netflix (Quartz)

Are Investors Really All That Bearish? (Advisor Perspectives)

Kinder Morgan’s Reorganization Puts MLPs into Question (NYT)

Chipotle Succeeds By Flouting Conventional Wisdom (Investor’s Business Daily)

Kate Spade Soars As Revenue Surges (Forbes)

Wine-Infused Ice Cream: Small Businesses Look to International Exports (Bloomberg)

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Chart of the Day:

Source: WSJ