Book notes: Are we distracting ourselves to death? A look at Matthew B. Crawford’s The World Beyond Your Head: On Becoming an Individual in an Age of Distraction. (The Daily Beast)
Quote of the Day
“Why is this important, and why should I spend my time on this?”
(Om Malik)
Markets
- April was a huge month for buybacks. (tickersense.typepad.com)
- Inside the huge moves in the German bund market. (washingtonpost.com)
- Stock picks from the 2015 SALT Conference Best Ideas panel. (marketfolly.com)
Strategy
- Why it is so hard to compare markets over time. (wsj.com)
- Bonds vs. stocks: which is overvalued? (blogs.wsj.com)
- Credit risk just isn't worth it. (etf.com)
- Should you replace your bonds with cash? (canadiancouchpotato.com)
Companies
- Why Chipotle ($CMG) is viewed as the leader of the fast-casual restaurant sector. (institutionalinvestor.com)
- Keurig caves on refillable K-cups. (mashable.com)
- Zappos loses a bunch of workers as it eliminates titles and heirarchy. (wsj.com)
Finance
- Garry Tan, "If buybacks are killing the economy, then startups will save it." (blog.garrytan.com)
- Young people are getting overlooked in finance. (awealthofcommonsense.com)
- Wall Street is funding house flippers. (bloomberg.com)
Funds
- A profile Jonathan Steinberg and WisdomTree Investments ($WETF). (mobile.nytimes.com)
- How Pimco lost its edge. (bloombergview.com)
- A closer look at multi-factor ETFs. (etf.com)
- A (dual momentum) guide to creating your own hedge fund. (econompicdata.blogspot.com)
Economy
- A solid rebound in US payrolls in April. (capitalspectator.com)
- The prime working age population is growing at a 0.5-1.0% rate. (calculatedriskblog.com)
- Education, inequality, wealth and the risk to economic growth. (washingtonpost.com)
Earlier on Abnormal Returns
- Podcast links: strategy diversification. (abnormalreturns.com)
- What you may have missed in our Thursday links. (abnormalreturns.com)
