Thursdays are all about longform links here at Abnormal Returns. You can check out last week’s links including a look at why you should ignore all the talk about Harvard.
Quote of the Day
"It is increasingly clear that there are two types of social apps: one is the phone book, and one is the phone...In the U.S. the phone book is Facebook and the phone is Snapchat..."
(Ben Thompson)
Investing
- The asset management industry is ripe for disruption. (institutionalinvestor.com)
- Some keys on doing fund manager due diligence. (blogs.cfainstitute.org)
- Why institutional investors are wary of investing in asset-based lending focused hedge fund. (reuters.com)
- A dozen things learned from Jessica Livingston of Y Combinator about business and investing. (25iq.com)
- On the parallels between the practice of medicine and portfolio management. (latticework.com)
Non-finance
- Why so many investors wanted to believe in Theranos. (ft.com)
- This nondescript building is the hub of stock trading in the US. (bloomberg.com)
- The epic Sam Hinkle resignation letter every one is talking about. (espn.go.com)
- A profile of Etsy ($ETSY) on balancing its unique set of goals. (nymag.com)
- Why the sugar industry got a pass for so long. (theguardian.com)
- How geography affects longevity. (nytimes.com)
- How did the mean best the median in the popular consciousness? (priceonomics.com)
