Quote of the Day
"If something that seems like work to other people doesn't seem like work to you, that's something you're well suited for."
(Paul Graham)
Chart of the Day

Netflix ($NFLX) wants be everywhere in the world in the next two years.
Markets
- Portfolio managers are overweight US equities and underweight bonds, emerging markets and commodities. (capitalspectator.com)
- Where notable go-anywhere fund managers are putting their dough. (news.morningstar.com)
Strategy
- How to eliminate 90% of all investment mistakes. (awealthofcommonsense.com)
- 8 ways to blow up your trading account. (mikebellafiore.tumblr.com)
Companies
- Ben Thompson, "(P)eople buy smartphones, not businesses, and developing countries are just as much a market as developed ones." (stratechery.com)
- Why everyone wants in on the online grocery business. (washingtonpost.com)
- Netflix ($NFLX) wants be everywhere in the world in the next two years. (gigaom.com)
- Is Amazon ($AMZN) now a threat to Netflix ($NFLX)? (latimes.com)
Finance
- What purpose does margin serve? (pointsandfigures.com)
- There is no retail forex market absent leverage. (bloomberg.com)
Funds
- Muni bond funds are the next fund type to go 'unconstrained.' (bloomberg.com)
- On the downside of the rush to smart beta. (capitalspectator.com)
- A good review of the year in ETFs in this list of the 2014 ETF.com Awards finalists. (etf.com)
- On the challenge of trading ETFs. (canadiancouchpotato.com)
Earlier on Abnormal Returns
- Personal finance links: at-risk fees. (abnormalreturns.com)
- What you may have missed in our Tuesday linkfest. (abnormalreturns.com)
- A discussion on the new look and feel of Abnormal Returns. (abnormalreturns.com)
- On the value of mindfulness and meditation for traders and investors. (abnormalreturns.com)