Book notes: Four lessons learned from Charles Duhigg’s Smarter, Better, Faster: The Secrets of Being Productive in Life and Business. (A Wealth of Common Sense)
Quote of the Day
"There is always an algo ahead of you, get over it."
(Polemic Pain via @FTAlphaville)
Markets
- Megacaps look expensive. (validea.com)
- The stock market has seen some dramatic shifts in sector leadership. (stockcharts.com)
- A guide to the shrinking stock market. (fortunefinancialadvisors.com)
Strategy
- The folly of being contrarian for being contarian sake. (fool.com)
- The challenge of tactical models: the whipsaw. (capitalspectator.com)
Offers
- Have you checked out "Outlander" yet on Starz? If not sign up for a free trial to Starz on Amazon. (amazon.com)
- Show Mom you care this year. Give her the gift of Amazon Prime. (amazon.com)
Companies
Finance
- Investors are pulling money from hedge funds. (next.ft.com)
- Blackstone's ($BX) 'star' hedge fund is having a bad year. (next.ft.com)
Funds
- Why manager due diligence is so tough. (awealthofcommonsense.com)
- Low cost funds live longer. (investmentnews.com)
Global
- Canada is managing its economy pretty well. (wsj.com)
- The Hong Kong IPO window is wide open again. (ftalphaville.ft.com)
Economy
- Weekly initial unemployment claims continue to trend lower from already low levels. (calculatedriskblog.com)
- The Chicago Fed National Activity Index (CFNAI) for March shows continued below trend growth. (capitalspectator.com)
- Home price growth is flattening out. (blogs.wsj.com)
Earlier on Abnormal Returns
- Longform links: the ghostwriting biz. (abnormalreturns.com)
- A new edition of Essential Listening is up with episodes on HFT, peak performance and "the pivot." (blogs.cfainstitute.org)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Our book link round-up from April 2016. (abnormalreturns.com)
- Where to find differentiated dividend ideas: an excerpt from "Keeping Your Dividend Edge: Strategies for Growing & Protecting Your Dividends" by Todd Wenning.* (abnormalreturns.com)
