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!

Investing

Strongly held beliefs in a narrative can derail a portfolio.  (Bason Asset Management)

There are a lot of definitions of risk, many of which are wrong.  (Aurora Signals via @derekhernquist)

Personal finance

There is no quick fixes to better personal finances.  (A Wealth of Common Sense)

Three things that money can actually buy you according to Jonathan Clements.  (Vanguard)

A big chunk of the upper middle class doesn’t save anything.  (A Wealth of Common Sense)

Successful retirement planning involves making some tough choices.  (ThinkAdvisor)

How to build “financial karma.” A review of Patrick O’Shaughnessy’s Millennial Money: How Young Investors Can Build a Fortune.  (Sizemore Insights)

Finance

Robo-advisor business models are already in flux.  (Institutional Investor)

The surprisingly controversial deal for Wealthfront to provide investment advisory services to the San Francisco 49ers.  (CNBC)

The two conditions necessary for large financial commissions.  (Aleph Blog)

You are going to start hearing a lot more about longevity risk from the financial services industry.  (Institutional Investor)

Can risk parity survive a secular rise in interest rates?  (FT)

Some suggested reading from Andrew Ross Sorkin including Martin Wolf’s new The Shifts and the Shocks: What We Have Learned and Still Have to Learn from the Financial Crisis.  (Dealbook)

Business

How Apple ($AAPL) thinks about smart homes.  (Fast Company)

Can Time Inc. ($TIME) survive on its own?  (New York)

Startups

Should founders get some liquidity as their startup raises funds?  (Hunter Walk)

Can Fantex finally crack the market for selling shares in athlete’s income?  (NYTimes)

Five mistakes rookie angel investors make.  (OurCrowd)

Technology

On the advisability of a multi-app strategy.  (Recode)

How electric cars and solar panels are synergistic.  (FT Alphaville)

Marc Andreessen and Ben Horowitz take stock of recent technology trends.  (a16z podcast, part 2)

A look at Matt Rogers and Stefan Heck’s new book Resource Revolution: How to Capture the Biggest Business Opportunity in a Century.  (Farhad Manjoo)

Psychology

When facts are hiding in plain sight.  (Above the Market)

Middle and high school students shouldn’t start school before 8:30AM.  (WSJ, Scientific American)

How to get smarter. A review of Garth Sundem’s Beyond IQ: Scientific Tools for Training Problem Solving, Intuition, Emotional Intelligence, Creativity and More.  (Political Calcuations)

Health

In many ways we are our microbes.  (New Scientist)

Why you shouldn’t get sick in July.  (Priceonomics Blog)

On the evolution of human diets.  (National Geographic)

Food

On the prospects for hypoallergenic nuts.  (CNN)

Why no one likes your fruit salad.  (Slate)

Young adults are giving up on fast food for fast casual.  (WSJ)

Buffalo Wild Wings ($BWLD) is diversifying into tacos and pizza.  (Slate)

Sports

Is money going to kill college athletics?  (The Atlantic)

MLB Advanced Media is a huge success.  (Quartz)

How much does the 32nd best player in various sports make?  (WSJ)

College kids are staying away from football games.  (WSJ)

Horse racing is on the decline in the UK as well.  (Daily Telegraph)

Soccer outcomes are pretty random. A Q&A with David Sally co-author of The Numbers Game: Why Everything You Know About Soccer is Wrong.  (Pacific Standard)

Earlier on Abnormal Returns

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

Mixed media

Hollywood is flocking to YouTube to look for the next new stars.  (Businessweek)

Are Uber and Lyft already commoditized?  (Farhad Manjoo)

A dozen things learned from John Doerr.  (25iq)

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