Book review: Get What’s Yours: The Secrets to Maxing Out Your Social Security by Laurence J. Kotlikoff, Philip Moeller, and Paul Solman is a must-read for anyone who wants to maximize their benefits. (Enterprising Investor)
Quote of the Day
"Activity is the illusion of control in exchange for lower real, real returns. "
(Cullen Roche)
Markets
- The US stock market is rapidly headed back to oversold territory. (shortsideoflong.com)
- What, if anything, do falling commodity prices tell us about the economy? (dashofinsight.com)
- The case for commodities. (marketanthropology.com)
- Buy munis, buy MLPs. (blogs.barrons.com)
Strategy
- Why you should expect low nominal returns on stocks and bonds going forward. (news.morningstar.com)
- Why we keep getting interest rate moves wrong. (awealthofcommonsense.com)
- Five services to stay plugged into the market. (thefelderreport.com)
Berkshire Hathaway
- Notes from the Berkshire Hathaway 50th Anniversary Seminar. (marketfolly.com)
- How to boost Berkshire Hathaway's ($BRKA) stock price. (barrons.com)
Offers
- Try Audible.com and two free audiobooks including John Kay's "Other People's Money: The Real Business of Finance." (amazon.com)
- Get Karma Go from @yourKarma. Take WiFi with you everywhere. Use my code for $10 off yours. (yourkarma.com)
Amazon
- Among retailers there is Amazon ($AMZN) and everything else. (financetrends.blogspot.com)
- What is driving Amazon's stock strength YTD? (thefelderreport.com)
- What is Amazon doing opening a retail store? (om.co)
Finance
- The US corporate bond market is undergoing a boom. (ft.com)
- Expect more muni bond issuance going forward. (blogs.barrons.com)
- Pfizer ($PFE) really, really, really wants to move its HQ overseas for tax purposes. (nytimes.com)
Funds
- Why the ProShares UltraShort 20+ Year Treasury ($TBT) ETF still has $2.8 billion in AUM. (bloomberg.com)
- Inside the dispute at Sequoia Fund over its outsized Valeant Pharmaceuticals ($VRX) stake. (nytimes.com)
- Only buy funds from fund companies not conglomerates. (barrons.com)
Global
- There is no shortage of oil out there. (bloomberg.com)
- How the Euro has become more like the dollar. (ftalphaville.ft.com)
Economy
- The employment picture continues to surprise to the upside. (valueplays.net)
- The economy is good but voters are miserable: what gives? (blogs.wsj.com)
- Support for a gold standard implies "macroeconomic illiteracy." (blogs.wsj.com)
- How lean startups are affecting the economy. (bloombergview.com)
- A succinct summary of the past week. (ritholtz.com)
- The economic schedule for the coming week. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Top clicks this week on the site. (abnormalreturns.com)
- What you may have missed in our Saturday linkfest. (abnormalreturns.com)
- Podcast links: how podcasts get made. (abnormalreturns.com)
- The seven-year itch or why financial blogging will never be the same. (abnormalreturns.com)
- What you might have missed in our Thursday linkfest. (abnormalreturns.com)
