Book list: It’s hard to put down Maria Konnikova’s The Confidence Game. (Latticework)
Quote of the Day
"Focusing on value is a much better value strategy than dividend yield!"
(Meb Faber)
Markets
- Market correlations are back on the rise. (ftalphaville.ft.com)
- The Nasdaq is leading the market lower. (thereformedbroker.com)
Offers
- Subscribe to Modern Trader and one free month, the MT app and access to all past issues. (moderntrader.com)
- Sign up for Audible.com and get "The Confidence Game" for free. (amazon.com)
Apple
- Apple ($AAPL) has an iPhone growth problem. (aboveavalon.com)
- Fitbit ($FIT) is still operating in the shadow of Apple ($AAPL). (nytimes.com)
Hedge funds
- Hedge fund talent is hard to find. (thereformedbroker.com)
- David Einhorn likes Yelp ($YELP). (finance.yahoo.com)
Funds
- The basis for the 'Cost Matters Hypothesis.' (news.morningstar.com)
- Warren Buffett is highly skeptical of active managers. (evidenceinvestor.co.uk)
- A simple (and cheap) portfolio for implementing Warren Buffett's investment advice. (bloomberg.com)
- In praise of ditching fee waivers permanently. (blogs.barrons.com)
Discounts
- The ultra-cheap tablet, the 6" Amazon Fire, is now $10 off. (amazon.com)
- You can currently get $50 off a Karma Go before May 3rd. (yourkarma.com)
- You can now get $15 off the Amazon Fire streaming video device. (amazon.com)
Earlier on Abnormal Returns
- Startup links: passing with care. (abnormalreturns.com)
- What you missed in our Monday linkfest. (abnormalreturns.com)
- What books Abnormal Returns readers purchased in April 2016. (abnormalreturns.com)
