Book notes: Lessons learned from Megan Kimble’s Unprocessed: My City Dwelling Year of Reclaiming Real Food. (Knowledge@Wharton)
Quote of the Day
"Many U.S. stock-market characteristics have changed in recent years. Don't be surprised if a few glitches occur because of that."
(John Rekenthaler)
Strategy
- Complex investing schemes often sound more impressive. (fmdcapital.com)
- Investing is simple, but we tend to complicate it. (systematicrelativestrength.com)
Companies
- There goes N....Alphabet's ($GOOGL) Nest subsidiary is struggling. (vox.com)
- Pfizer ($PFE) once again is at square one. (nytimes.com)
- Yahoo's ($YHOO) road to sale keeps getting tougher. (recode.net)
- Is the job of CEO of Disney ($DIS) too big for one person to fill? (ft.com)
Offers
- Still haven't caught up with Showtime's "Billions"? Sign up for a free-trial to Showtime via Amazon. (amazon.com)
- April 18th is rapidly approaching. Get TurboTax now. (amazon.com)
Finance
- Wall Street avoided the worst outcome for fiduciary rules. (wsj.com)
- JP Morgan ($JPM) is not getting smaller any time soon. (businessinsider.com)
- Why aren't we paying for stuff more often with our phones? (nytimes.com)
Funds
- The financial industry is facing it's 'Napster moment' as ETFs take share from active mutual funds. (bloomberg.com)
- ETFs have been slower to take off in Canada. (theglobeandmail.com)
- There is no shortage of new sector ETFs. (etf.com)
Amazon Echo
Economy
- Weekly initial unemployment claims continue to trend well below 300k. (calculatedriskblog.com)
- The Fed needs to sure that liftoff is for sure. (economistsview.typepad.com)
Earlier on Abnormal Returns
- Longform links: philosophy mismatches. (abnormalreturns.com)
- A rating system for ETFs: an excerpt from Eric Balchunas' "The Institutional ETF Toolbox." (abnormalreturns.com)
- A new Essential Listening is up with episodes on short selling, Elon Musk and RFD-TV. (blogs.cfainstitute.org)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
