What I'm reading this morning:
- Fund managers' exposure to US stocks is at a 15 month high (Fat Pitch)
- Strategic beta works really well, if you can control yourself. (Irrelevant Investor)
- Stock buybacks boost returns — but often cover up sins (MarketWatch)
- The latest M&A boom is going to end badly - Hulbert (MarketWatch)
- Vince Farrell was a smart market commentator, a good investor and a gentleman. RIP (ValueWalk)
- Hugh Hendry: Basically, I have no idea what I'm doing (I'm paraphrasing) (MoneyWeek)
- There are two reasons a broker sells an A share mutual fund: Either they love themselves or hate your guts. (The Certifiable Planne)
- Uber has an asshole problem (Vox)
- But it also has something called "God View" which sounds pretty awesome (The Verge)
- Disney's making so much money off Frozen it's almost unbelievable (New York Times)
