This is an early edition of the linkfest. We will catch back up this weekend. Enjoy.

Quote of the day

Ben Carlson, “You can’t simply learn to be a better investor over the course of a day, just like a textbook or seminar is never going to give you all of the tools you need.”  (A Wealth of Common Sense)


A divergence worth noting: the economy is getting stronger while financial markets are becoming more fragile.  (Conor Sen)

The US Treasury market is being driven by more than just domestic economic conditions.  (Capital Spectator)

Have junk bonds gotten cheap?  (Income Investing)


Patrick O’Shaughnessy, “I learned more about markets in those 12-months in front of clients than I did across all three levels of the CFA program.”  (Millennial Invest)

David Varadi, “The bottom line is that the longer an investor experiences a market state, the more comfortable that they become that it will last forever.”  (CSSA)

How market narratives get us off track.  (The Psy-Fi Blog)

Smart asset allocators prepare, not react.  (Pragmatic Capitalism)

Are you prepared for a bear market?  (Larry Swedroe)


The iPad line gets a refresh.  (WSJ, The Verge)

Apple ($AAPL) has lost the plot on simplicity.  (Quartz)

Apple is selling a lot of iPhones.  (Business Insider)

A comprehensive review of the new OS X Yosemite.  (ArsTechnica)


Enhanced voting rights only protect an underperforming company for so long.  (Bloomberg)

Do private equity funds really generate alpha?  (Alpha Architect)

A closer look at the WisdomTree Managed Future Strategy ETF ($WDTI).  (Attain Capital)


Inflation is dead as a door nail.  (Wonkblog)

Russia should thank its lucky stars the ruble is tanking.  (Quartz)


Why solar power keeps getting cheaper.   (Vox)

Nordic countries are awash in wind power.  (Reuters)


Data on the housing market is mixed.  (Bespoke, Calculated Risk, Bonddad Blog)

Earlier on Abnormal Returns

Podcast Friday all about technology-led economic growth.  (Abnormal Returns)

Why market volatility matters: it makes investors do stupid stuff.   (Abnormal Returns)

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

Mixed media

A profile of Pinterest as it gears up to turn the revenue dial.  (Forbes)

A profile of Jason Hirschhorn and mediaREDEF.  (The Daily Beast)

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

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Please see disclosures here.

Please see the Terms & Conditions page for a full disclaimer.