Payoff: The Hidden Logic That Shapes Our Motivation by Dan Ariely shows that “gratitude and compliments” are better motivators than money. (FT)
Quote of the Day
"The people who add the most to financial journalism are those who would be writing the same stuff even if no one were reading. They just love what they do, and passion is more powerful than a profit motive."
(Morgan Housel)
Markets
- The 30 year Treasury now yields in excess of 3%. (bloomberg.com)
- Bond yields are once again higher than dividend yields. (crossingwallstreet.com)
- You should expect to see 4% mortgage rates very soon. (calculatedriskblog.com)
Strategy
- For whom rising interest rates are a good thing. (awealthofcommonsense.com)
- Five reasons why traders lose. (adamhgrimes.com)
Offers
- The Beats Solo 3 Wireless would be a great holiday gift. (amazon.com)
- In light of the election you should try Audible.com and get two free audiobooks including J.D. Vance's celebrated book "Hillbilly Elegy: A Memoir of Family and Culture in Crisis." (amazon.com)
- "Atlas Obscura: An Explorer's Guide to the World's Hidden Wonders" looks like a great holiday gift. (amazon.com)
Finance
- This is the worst year for US IPOs since 2009. (qz.com)
- Activist investors have moved down market. (wsj.com)
- Quantopian just received big-time VC backing as it plans to start managing outside money. (venturebeat.com)
Macbook Pro
- What reviewers are saying about the new Macbook Pro. (businessinsider.com)
- You can order the new Macbook Pro from Amazon: (amazon.com)
Global
Economy
- Only recently has the number of real estate agents begun to increase. (calculatedriskblog.com)
- Manufacturing still has a long way to go to become "high-tech." (wsj.com)
Earlier on Abnormal Returns
- ETF links: tax efficiency. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
- Top ten clicks this week on the site. (abnormalreturns.com)