Books that inspired Tim Harford’s Messy: The Power of Disorder to Transform Our Lives including The Everything Store: Jeff Bezos and the Age of Amazon by Brad Stone. (Tim Harford)
Quote of the Day
"We are built to prefer entertainment to news, and emotion to information. Many social networks are designed on the opposite assumption..."
(John Gapper)
Markets
Strategy
- Why smart people make bad decisions. (collaborativefund.com)
- Congrats to Josh on eight great years of blogging. (thereformedbroker.com)
Offers
- The Great One, Wayne Gretzky, has penned a memoir "99 Stories of the Game." (amazon.com)
- Amazon Prime Student is a lifeline for college kids. Get the first six months free! (amazon.com)
- You know you need some Chicago Cubs gear. Head on over to Amazon: (amazon.com)
Companies
- Macbook Pro critics don't understand the place of the laptop in the Apple ($AAPL) product line-up. (asymco.com)
- Aging product line aside, Apple ($AAPL) has been able to avoid the PC slump. (businessinsider.com)
Finance
Funds
- Active managers are feeling like they should go on the lam. (thereformedbroker.com)
- There's no stopping Vanguard's dominance. (wsj.com)
Global
Economy
- Layoffs are still at historically low levels. (calculatedriskblog.com)
- The FDA has a hiring problem. (marginalrevolution.com)
- Some alternatives to the high priced, high tech hubs. (wsj.com)
Earlier on Abnormal Returns
- Longform links: the courage to change. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- The top 10 books Abnormal Returns readers purchased at Amazon in October 2016. (abnormalreturns.com)
Mixed media
- How Chicago Cubs championship hats get to the stores so quickly. (bloomberg.com)
- A nice recap of the Cubs victory. (wsj.com)
- The $900 million the Ricketts paid for the Cubs now looks like a bargain. (breakingviews.com)
- The Cubs succeeded by using Moneyball and then throwing it away. (qz.com)
- Hey Cubs, from a Red Sox fan, recognize it will never be the same or as good as it is right now. (slate.com)