The weekend is a great time to catch up on some posts that were either too long or simply didn’t fit in during the week. Hope you enjoy!


Six rebalancing mistakes to avoid.  (Morningstar)

Some unfortunate realities of the investment business.  (A Wealth of Common Sense)

What a decomposition of global equity returns tells us about current valuations.  (Philosophical Economics)

12 books every investor should read including The Most Important Thing by Howard Marks.  (Farnam Street)


A deep dive into how CEOs are doing at their most important job: capital allocation. (Credit Suisse)

Is the idea of shareholder value far too narrow?  (Boston Globe)

Earnings releases are important for analysts up and to a point.  (Musings on Markets)

Personal finance

Making the current case for home ownership.  (The Dumb Money)

Are risk preferences time (and test) dependent?  (voxEU)

How statistical illiteracy can scare us from our fundamental goals.  (Morgan Housel)

New Zealand’s “KiwiSaver” program seems to get a lot of thing right.  (Marketwatch)


Older firms increasing dominate American business.  (Brookings)

In defense of Silicon Valley.  (Businessweek)


Capital is cheap now, but not forever.  (Brad Feld)

Five reasons why VC funding may be a mistake for your business.  (HBR)

Raising a seed round can’t be outsourced to outsiders.  (Hunter Walk also Medium)


Are anonymous apps by definition immoral?  (GigaOM)

A profile of the high profile communications startup Slack.  (Wired)


Just what are the prospects for STEM PhDs?  (Slate)

On the science of procrastination. (Farnam Street)

Why do we have blood types?  (Pacific Standard)


Why interval training is good for you.  (Time)

On the importance of “oral rehydration therapy” in saving lives.  (BBC)


What chefs think about Yelp ($YELP) (and Yelpers).   (SF)

Does anyone actually eat honeydew melon?  (The Upshot)


Have we reached peak PBR?  (Outside via @davepell)

Can Coke and Pepsi make more money by selling smaller sodas?  (Reuters)

Ranking the MLB parks by the quality of their beer.  (Washington Post)

The Swiss company that powers Starbucks ($SBUX).  (Bloomberg)

Cashew juice is going to be the next hot new ingredient.  (NYTimes)

Blue Bottle is looking to change the way you drink coffee.  (Quartz)

How climate change is going to change wine and wine production.  (Quartz)


Hosting the Olympics is not an economic decision.  (NYTimes)

What variables help predict NBA success?  (Scientific American)

The PGA is trying to amp up the social aspect of golf via team play for young golfers.  (WSJ)

What happens to player endorsements when a player gets traded?  (Boston Globe)

The battle over fish finding technology is epic.  (Bloomberg)


What is Burt Reynolds up to these days?  (Grantland)

On the enduring appeal of Weird Al Yankovic(New Yorker)

In the music streaming age the days of the MP3 are limited.  (Bob Lefsetz)

Adam Carolla is not going to let a patent troll get off that easy.  (Slate)


The FT & McKinsey Business Book of the Year Award long list is out and includes The Boom: How Fracking Ignited the American Energy Revolution and Changed the World.  (FT)

How to keep an orderly mind from Daniel Levitin’s The Organized Mind: Thinking Straight in the Age of Information Overload.  (Scientific American)

Earlier on Abnormal Returns

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

Mixed media

Great life advice from Stephen Colbert.  (Rookie)

A dozen things learned from Ann Winblad.  (25iq)

On the keys to mastery.  (Adam Grimes)

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