Quote of the day

Nicola Abbagnano, “Reason itself is fallible, and this fallibility must find a place in our logic.”  (NYTimes)

Chart of the day

A look at recent intermarket money flows.  (Afraid to Trade)

Markets

What traders are really worried about.  (Dynamic Hedge)

One model is point to flat stock prices for another four years.  (Mark Hulbert)

Where one TAA model stands going into September.  (MarketSci Blog)

MBS are wicked expensive, but for now it doesn’t matter.  (Real Time Economics)

Long term real yields are at record lows.  (Sober Look)

Strategy

The case for deep value investing.  (The Brooklyn Investor)

Barry Ritholtz’s rules of investing.  (WashingtonPost)

Chances are your first lesson to investing was wrong.  (Howard Lindzon)

High yield bonds

Why you shouldn’t be mucking about in individual high yield issues.  (research puzzle pix)

Are high yield bond index ETFs distorting the market?  (Barron’s)

Technology

Steve Jobs’ biggest mistake as CEO the second time around.  (Daring Fireball)

Apple iOS 6 Maps: users win, Google ($GOOG) not so much.  (Pando Daily and Businessweek)

Hewlett-Packard ($HPQ) is “desperate for leadership.” Can Meg Whitman provide it?  (NYTimes)

Funds

Fund expenses are only one cost investors face.  (Jason Zweig)

Out of the Facebook ($FB) wreckage: Bulldog Investors has purchased a reportable stake in the Firsthand Technology Value Fund ($SVVC).  (Focus on Funds)

Global

Is Sweden awesome because it mooches off the US?  (Wonkblog)

This prevents the US from becoming Europe.  (Pragmatic Capitalism)

Economy

You know housing is recovering when…you see a spate of housing-related IPOs.  (Businessweek)

Checking in on September’s economic trends.  (Capital Spectator)

Check out the spike in gasoline prices.  (Sober Look)

Is low inflation always good?  (Tim Duy)

Earlier on Abnormal Returns

What you missed in our Saturday long form linkfest.  (Abnormal Returns)

Top clicks this week on Abnormal Returns.  (Abnormal Returns)

Mixed media

Can a start-up raise too much money? The case of Color.  (The Atlantic)

Are helmet laws killing cycling?  (NYTimes)

Is your tablet the only TV you need?  (WSJ)

Abnormal Returns is a founding member of the StockTwits Blog Network.