Your weekend Edge:
Click here to view an archive of interesting reads, fundamental investment topics, insights and more
Too busy during the week? Catch up with last week's readings:
Biosimiliars to slash drug costs in rich countries ($) (Link)
Growth of microbrands threatens consumer-goods giants ($) (Link)
Daniel Schwartz, who took over Burger King at 32, explains how to find and develop
young talent* (Link)
Apple's strategy after iPhone's peak (Link)
TripAdvisor’s move away from paid advertising on Google to TV advertising (Link)
Things you see during every market correction (Link)
A few simple charts highlighting how some of our prosperity could be an illusion (Link)
Indices: There are now 3.7 million published indices $ (Link)
The illegal sports gambling market has grown to $150 billion annually. Much of that money
will now shift to legitimate entities. (Link)
Debt investing in emerging markets - Payment in Ham $(Link)
Dark-roast coffee may prevent Alzheimer's and Parkinson's (Link)
Bill Gates on why the world deserves a better toilet (Link)
More than a fifth of China's homes are vacant & third-home purchases at record high (Link)
Canada is a lot smaller than you think - maps show Canada and Russia taking up 25%
of Earth's surface when in reality they occupy closer to 5% (Link)
Opportunity set increasing in fixed income:
How about that multiple compression?
S&P 500 Index's Price to Earning Ratio changes year over year. The P/E ratio is a price multiple which shows how much investors are willing to pay per dollar of earnings. The S&P 500 Index is a broad-based market-capitalization-weighted index of 500 of the largest and most widely held U.S. stocks.
* EdgePoint Investment Group Inc. owns a stake in Restaurant Brands International and may be buying or selling positions in the security.