Book review: How to Have a Good Day: How to Harness the Power of Behavioral Science to Transform Your Working Life by Caroline Webb briskly summarizes the psychological literature in regards to the workplace. (FT)
Quote of the Day
"The anti-forecasters want everyone to believe that there is some way to make decisions about the future without making forecasts. This is obviously nonsense since any decision about the future involves an implicit forecast about future outcomes."
(Cullen Roche)
Markets
- Global equities finally had a good week, last week. (capitalspectator.com)
- Like it or not investment strategies go in and out of favor. (mullooly.net)
Strategy
- Simple is the best way to predict market returns. (blogs.wsj.com)
- Are sideways markets good for anyone? (awealthofcommonsense.com)
- Trading success need not be correlated with outward confidence. (forbes.com)
- Six lessons from a successful stock picker. (blogs.cfainstitute.org)
- Bets on long shots are a sucker's gae. (crossingwallstreet.com)
Offers
- MODERN TRADER Magazine—the essential journal for professional traders and active investors. Get one of five investment classics with this special subscription offer! (moderntrader.com)
- Sign up for a trial of Audible.com and get two free e-books in the process including "How to Have a Good Day: Harness the Power of Behavioral Science to Transform Your Working Life." (amzn.to)
Companies
- Why Google's ($GOOGL) YouTube is twice as valuable as Netflix ($NFLX) . (barrons.com)
- How much is the Star Wars franchise worth to Disney ($DIS)? (aswathdamodaran.blogspot.com)
- Where your holiday returns go. Hint, it isn't back to the retailer. (wsj.com)
Finance
- Investment bankers disassociate their identities from their work. (scientificamerican.com)
- Why the SEC should approve the application for the IEX Group to become a stock exchange. (nytimes.com)
- Demand for wealth managers remains high. (investmentnews.com)
ETFs
- All the worst performing funds in 2015 were energy-related. (next.ft.com)
- ETFs are tax efficient, not tax exempt. (news.morningstar.com)
- It sucks to be an asset manager these days. (thereformedbroker.com)
- Good luck trying to sort amongst the growing list of multi-factor ETFs. (ft.com)
- Why ETFs are a better choice for a 401(k) plan. (etf.com)
Economy
- A final review of five graphs for 2015. (bonddad.blogspot.com)
- Ten economic questions for 2016. (calculatedriskblog.com)
- Recession callers are jumping the gun. (macrofugue.com)
- Five secular themes that will carryover into 2016. (csen.tumblr.com)
Earlier on Abnormal Returns
- Research links: simple edges. (abnormalreturns.com)
- Top clicks this week on Abnormal Returns. (abnormalreturns.com)
