A shorter than usual linkfest due to the holiday today. Check back in with us tomorrow for more linkfest fun.

Quote of the day

TMM, “Hope is the overdraft on reality.”  (Macro Man)

Markets

It is getting harder and harder to justify some valuations.  (The Reformed Broker)

Three hidden landmines in a hot market.  (Morningstar)

Strategy

On managing risk for novice investors.  (See It Market)

Six unusual reasons why traders fail.  (SMB Training)

Sectors

Why are biotech stocks going crazy?  (Ivanhoff Capital)

Don’t look now but nuclear stocks are coming back.  (StockCharts Blog)

Stock exchanges are ripe for disruption.  (Points and Figures)

Companies

What is the next step in evolution for Berkshire Hathaway ($BRKB)?  (FT Alphaville)

A case of financial engineering run amok at AB InBev ($BUD).  (Economist, Bloomberg, MoneyBeat)

Global

China’s economy is growing, but for how long?  (WSJ, Quartz)

France is a mess, but is it a buy?  (Humble Student also Quartz)

Economy

The economic expansion, including homes and cars, is maturing.  (Bonddad Blog, ibid)

Earlier on Abnormal Returns

What you missed in our Sunday linkfest.  (Abnormal Returns)

Food

Check out the chemicals in “natural” foods.  (James’ reading list via MR)

Butter rules.  (Quartz)

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