Book list: Six books that explain the world we live in including Zero to One: Notes on Startups or How to Build the Future by Peter Thiel. (trouble stories)
Quote of the Day
"One of the great ironies of business today is that the richest and most powerful companies in the world are more involved than ever before in the capital markets at a time when they do not actually need any capital."
(Rana Foroohar)
Strategy
- What stocks the 'ultimate stock pickers' have been buying of late. (news.morningstar.com)
- Why you need to expose yourself to new ideas and information to enhance creativity. (forbes.com)
- Why you should ignore 'Mr. Macro' and all those stories he spins. (latticework.com)
Alternatives
- How should alternative investments be benchmarked? (awealthofcommonsense.com)
- Avoid funds with the term 'absolute' in their names... (ritholtz.com)
Offers
- Subscribe today to Modern Trader magazine and get four bonus offers including an extra month free. (moderntrader.com)
- The highly rated Roku Streaming Stick is currently $10 off at Amazon.com. (amazon.com)
Companies
- Apple ($AAPL) is the new IBM ($IBM). (qz.com)
- Pandora ($P) has an activist who wants the company to sell itself. (nytimes.com)
- Ted Wechsler and Todd Combs are doing a nice job for Berkshire Hathaway ($BRKB). (fortune.com)
- Twitter ($TWTR) finally does something right. (bloomberg.com)
- Snapchat skews young while Facebook ($FB) skews older. (latticework.com)
Finance
Funds
- This is the most important ETF of 2016. (etf.com)
- Active managers need to reinvent active management. (evidenceinvestor.co.uk)
Economy
- Is inflation finally heating up? (crossingwallstreet.com)
- Industrial production was up nicely in April. (calculatedriskblog.com)
- Is productivity growth all that bad? (valueplays.net)
- What government is missing out by not making pot legal (and taxable). (washingtonpost.com)
Earlier on Abnormal Returns
- Startup links: crowdfunding challenges. (abnormalreturns.com)
- What you missed in our Monday linkfest. (abnormalreturns.com)
