A long holiday weekend is a great time to catch up on some items that we passed up on during the week. Also check out this holiday deal on a Google Chromecast including a $6 credit for use on Google Play. Thanks for checking in.


The latest memo from Oaktree Capital ($OAK) chairman Howard Marks.  (Oaktree Capital)

An interesting paper: US Inflation and Returns in Global Stock and Bond Markets.  (DFA via IndexUniverse)

An interview with Jon Stein of online money manager Betterment.  (RIABiz)


Does Nanex get it right on the flaws of high frequency trading?  (Bloomberg)

Under what conditions are markets efficient?  (China Financial Markets)

A history of the first real options trade.  (Turnkey Analyst)


Joel Mokyr talks with Russ Roberts on the fallacy of economic stagnation.  (EconTalk)

Insight into why the poor tend to make poor choices could lead to a more robust economics.  (FT Alphaville)


How the Pritzker famliy broke up its vast holdings in an orderly way.  (WSJ)

Italian candy maker Ferrero SpA has no plans to go public any time soon.  (WSJ)


What have we learned from 23andMe?  (Pando Daily)

Priceonomics and the business of “structured data crawling.”  (TechCrunch)

On the great unbundling of venture capital.  (Dave Lerner)

An interview with Marc Andreesssen.  (Fortune)


The triumph and tragedy of IBM’s ($IBM) OS/2.  (ArsTechnica via @fmanjoo)

How Yahoo ($YHOO) went from technology-leader to laggard.  (GigaOM)

Meet the Amazon ($AMZN) whisperer.  (Fast Company)


Skim milk is awful.  (The Atlantic)

The technological search for an egg substitute.  (WSJ)


Some surprising innovations in beer can design.  (Quartz)

America loves really expensive bourbon.  (Businessweek)

Young Americans are on the margin drinking less alcohol.  (The Atlantic)


The power of a daily dose of exercise.  (Well)

Sleep therapy could play a role in helping ease depression.  (NYTimes)


Why are first-person shooter games such “absorbing experiences“?  (New Yorker)

Good luck if you think you are immune to advertising.  (Aeon)

How to raise thankful kids.  (Slate, Motherlode)

When superstition works.  (WSJ)

Higher education

College is not just another “consumer purchase.”  (Big Think)

How academia behaves like a drug cartel.  (Slate)


Will Tim Tebow ever play in the NFL again?  (SI)

All hail the new world chess champion.  (Time)

Why top golf recruits are choosing to go to cold-weather universities.  (WSJ)

Grooming secrets of the NBA.  (WSJ)

Now former hockey players are suing the NHL over head injuries.  (NYTimes, Grantland)


An excerpt from Gregory Zuckerman’s The Frackers: The Outrageous Inside Story of New Billionaire Wildcatters.  (WSJ)

The FT lists their books of the year including The Everything Store: Jeff Bezos and the Age of Amazon by Brad Stone.  (FT)

Earlier on Abnormal Returns

What you may have missed in our Friday linkfest.  (Abnormal Returns)

Mixed media

In defense of an occasional slideshow.  (GigaOM)

The challenges of complexity or why we are becoming inept.  (Farnam Street)

Allowing the use of cellphones on commercial airplanes is such a bad idea.  (Barry Ritholtz)

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