Book review: Shane Parrish on When Breath Becomes Air by Paul Kalanithi writes “If you read this and you’re not feeling something you’re probably a robot.” (Farnam Street)
Quote of the Day
"If you have 100 “best” ideas, then they really aren’t your best ideas."
(Charles Sizemore)
Markets
- By these measures stocks are still overvalued. (thefelderreport.com)
- Get ready for dividend cuts. (economist.com)
Strategy
- The market is pricing in a much higher risk of recession than credible models indicate. (dashofinsight.com)
- High yield bonds are "no worse than fair value." (gmo.com)
- Structured notes are almost always a bad idea for investors. (wsj.com)
Offers
- Sign up for a 30-day trial of Audible.com and get two free books including "When Breath Becomes AIr." (amazon.com)
- MODERN TRADER Magazine—the essential journal for professional traders and active investors. This special subscription offer includes free investment classic book! (moderntrader.com)
- Who needs Spotify or Pandora when your Amazon Prime account allows for free music streaming. Start a free-trial now! (amazon.com)
- The uber-popular Amazon Fire 7" is once again only $39.99. (amzn.to)
Companies
- Why LinkedIn ($LNKD) shares tanked. (mattermark.com)
- A profile of Yahoo's ($YHOO) loudest critic. (time.com)
- Why Uber should go public. (bothsidesofthetable.com)
Finance
- What does a China firm want with the Chicago Stock Exchange? (valuewalk.com)
- Bridgewater Associates seems like a fun place to work. (bloombergview.com)
Funds
- Pimco's asset allocation franchise is leaking assets. (bloomberg.com)
- Keep an eye no this tax case facing Vanguard. (nytimes.com)
Economy
- That was a solid employment report. (calculatedriskblog.com)
- Why no one is happy with the US economy. (next.ft.com)
- What CEOs said on conference calls this week about the state of the economy. (skrisiloff.tumblr.com)
- A succinct summary of the week's economic events. (ritholtz.com)
- The economic schedule for the coming week. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Top clicks this week on the site. (abnormalreturns.com)
- What you may have missed in our Saturday linkfest. (abnormalreturns.com)
- Recently I sat down for five good questions with Jake Taylor. (fivegoodquestions.co)
Apple
- Why the Macintosh has so much staying power. (macworld.com)
- How the Apple ($AAPL) Watch got Marco Arment interested in mechanical watches. (marco.org)
- Why the iPhone 7 may have two cameras. (qz.com)