Book recommendation: Adam Ozimek writes: “Anyone interested in education, social science, or economics should read this book [Hive Mind: How Your Nation’s IQ Matters So Much More Than Your Own].” (Forbes)
Quote of the Day
"Practically, the time horizon of an average investor in mutual funds is inversely proportional to the volatility of the funds they invest in."
(David Merkel)
Strategy
- Stop looking for patterns in yearly returns. (marketwatch.com)
- How a small position can change how you think. (adamhgrimes.com)
- Look overseas to gather some yield. (blog.abglobal.com)
Offers
- Sign up for Audible.com you can get two free books including "Two Hours: The Quest to Run the Impossible Marathon." (amazon.com)
- MODERN TRADER Magazine—the essential journal for professional traders and active investors. Special Subscription Offer! (moderntrader.com)
Amazon
- Amazon ($AMZN) is now allowing you to bundle other streaming services in your Prime membership. (hollywoodreporter.com)
- It's hard to imagine going through the holiday season without Amazon Prime. Get a 30-day free trial here. (amazon.com)
Companies
Finance
ETFs
- The sad story of the Alerian MLP ETF ($AMLP). (investwithanedge.com)
- What is Pimco going to do with its new star-studded advisory board? (bloomberg.com)
Economy
- A Fed rate hike raises more questions than answers. (economistsview.typepad.com)
- Small business are planning to hire more workers. (calculatedriskblog.com)
- How many jobs are today's startups actually creating? (blogs.wsj.com)
Earlier on Abnormal Returns
- Startup links: splitting equity. (abnormalreturns.com)
- What you may have missed in our Monday linkfest. (abnormalreturns.com)
