Quote of the day

Thomas C. Redman, “Good algorithms make better predictions than people most of the time – except when they don’t.”  (HBR)

Markets

Why has option selling been such a successful strategy the past 25 years?  (Adam Warner)

Comparing the quality ETFs.  (ETF)

Why traders go on tilt?  (TraderFeed)

Finance

Banks should benefit from higher rates.  (Scott Krisiloff)

Beware companies piling on debt.  (James O’Shaughnessy)

The pros and cons of the Alibaba ($BABA) IPO.  (Aaron Task, WSJ)

What will Calpers do with private equity?  (Fortune)

Why Bitcoin could win big in Las Vegas.  (Fast Company via @mediaredef)

Apple Watch

Do the price differences for the various Apple Watches matter?  (Daring Fireball)

What I got wrong about the Apple Watch.  (stratechery)

Economy

Weekly initial unemployment claims dipped last week.  (Calculated Risk)

Still no signs of inflation.  (Pragmatic Capitalism, Dr. Ed’s Blog)

Homebuilder sentiment is strong but housing starts not so much.  (Real Time Economics)

Earlier on Abnormal Returns

What you might have missed in our Wednesday linkfest.  (Abnormal Returns)

Reading

Amazon’s Kindle Voyage is the “Rolls Royce of e-readers.”  (Engadget)

Why “deep reading” is so difficult these days.  (New Yorker)

Mixed media

Five years in a review of Shark Tank.  (Grantland also John Greathouse)

It just got a lot easier to share your media amongst family and friends.  (Recode)

Ten commandments for dealing with Finance Twitter.  (Stone Street Advisors)

You can support Abnormal Returns by visiting Amazon or follow us on StockTwits, Yahoo Finance and Twitter.

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Please see disclosures here.

Please see the Terms & Conditions page for a full disclaimer.