Financial Market Developments - Interesting Items

Amazon Stock Gains and the ‘Hindsight Bias’

$10,000 invested in Amazon shares twenty years ago (when the company went public) would be worth $4.9 million dollars today:

http://news.morningstar.com/all/dow-jones/us-markets/20170514508/amazons-ipo-at-20-that-amazing-return-you-didnt-earn.aspx

https://www.nytimes.com/2017/05/15/business/dealbook/andrew-ross-sorkin-jeff-bezos-amazon.html

Active Management and the US Financial Sector

Interesting Financial Market Trends

https://www.bloomberg.com/view/articles/2017-05-16/mutual-funds-ate-the-stock-market-now-etfs-are-doing-it

https://www.bloomberg.com/view/articles/2017-05-16/americans-savings-make-wealth-managers-rich