Book notes: Lessons learned from Eric Weiner’s Geography of Genius: A Search for the World’s Most Creative Places, from Ancient Athens to Silicon Valley. (Knowledge@Wharton)
Quote of the Day
"It was a stock picker’s market in the first quarter. Too bad about the stock picks."
(Oliver Renick)
Markets
- What it takes to make a market cheap. (mebfaber.com)
- Don't look now but the Yen is surging. (crossingwallstreet.com)
- Falling oil prices have put a dent in stock dividends. (politicalcalculations.blogspot.com)
Strategy
Buybacks
- We shouldn't be surprised that share buybacks are done at disadvantageous prices. (awealthofcommonsense.com)
- Buybacks have surged along with corporate profits. (pragcap.com)
Offers
- Get $15 off of the Amazon Fire streaming device. (amazon.com)
- Time is running out to do your taxes. Grab TurboTax at a discount. (amazon.com)
- Still haven't caught up with "Billions" on Showtime? Sign up for a free trial through Amazon. (amazon.com)
Companies
- Twitter ($TWTR) is now in the NFL business with Thursday night streaming rights. (bloomberg.com)
- Alaska Air ($ALK) likely overpaid for Virgin America ($VA). (blogs.reuters.com)
Finance
- Startup Second Measure mines credit card data for insights on consumer behavior. (businessinsider.com)
- The Feds are taking another crack at stopping tax inversions including the Pfizer ($PFE)-Allergan ($AGN) deal. (nytimes.com)
- Do activist investors have an anti-trust problem? (bloombergview.com)
Economy
- Some signs that employment growth is slowing. (capitalspectator.com)
- How much does the digital economy explain the productivity slowdown? (blogs.ft.com)
Earlier on Abnormal Returns
- Startup links: IPO can kicking. (abnormalreturns.com)
- What you missed in our Monday linkfest. (abnormalreturns.com)
- Wrapping up last week's finance blogger wisdom series with some answers of our own. (abnormalreturns.com)
