Book review: Ted Seides’ So You Want to Start a Hedge Fund: Lessons for Managers and Allocators is a good investment for aspiring hedge fund managers. (Reading the Markets)
Quote of the Day
"The exact future we end up in may make diversification a total drag or a total benefit. Diversification is important precisely because we do not know what the future holds. "
(Justin Sibears)
Chart of the Day

The ultimate periodic table of asset class/strategy returns.
Markets
- Technology stocks are once again leading the market. (stockcharts.com)
- The ten dividend stocks that the "ultimate stock pickers" are buying. (news.morningstar.com)
- A contrarian sign: clients are fleeing value strategies. (alephblog.com)
Strategy
- Three steps to avoid breaking your investment rules. (thinkadvisor.com)
- Buy-and-hold is great but the hold part is difficult. (capitalspectator.com)
The Echo
- Amazon ($AMZN) saw the potential of voice control where Sonos and Apple ($AAPL) didn't. (lefsetz.com)
- You can get an Echo here: (amzn.to)
Finance
Funds
Global
Economy
- Homebuilder confidence held steady in March. (calculatedriskblog.com)
- February retail sales were not so hot. (bonddad.blogspot.com)
- An FOMC meeting preview. (calculatedriskblog.com)
Offers
- Join Amazon Kindle Unlimited for a 30-day trial and read to your heart's content. (amazon.com)
- Amazon Prime keeps adding features. Join for a 30-day trial and experience it all. (amazon.com)
- Download the Kindle app and start reading on any device today. (amazon.com)
Earlier on Abnormal Returns
- Startup links: going faster. (abnormalreturns.com)
- Before you craft an investment policy statement read this. (abnormalreturns.com)
- What you may have missed in our Monday linkfest. (abnormalreturns.com)