Longform links: unrealistic share buybacks June 16, 2016 Thursdays are all about longform links here at Abnormal Returns. You can check out last week’s links including a look at the hot mess that is Valeant Pharmaceuticals. Longform links A dozen things learned about venture capital and startups from Pitch Johnson. (25iq.com) TweetPocketInstapaper Women still have a hard time breaking into the hedge fund game. (institutionalinvestor.com) TweetPocketInstapaper How have Vanguard's actively managed funds done over time? (ifa.com) TweetPocketInstapaper Sears Holdings ($SHLD) under Eddie Lampert's direction had a lot of problems including unrealistic share buybacks. (businessinsider.com) TweetPocketInstapaperSymbols: $SHLD Promises to the contrary Yahoo ($YHOO) did break Tumblr. (mashable.com) TweetPocketInstapaperSymbols: $YHOO City centers continue to attract young, high income residents. (wsj.com) TweetPocketInstapaper An excerpt from Robert Frank's "Success and Luck: Good Fortune and the Myth of Meritocracy." (ritholtz.com) TweetPocketInstapaper An excerpt from Ryan Holiday's "Ego is the Enemy" on the openness of Genghis Khan. (farnamstreetblog.com) TweetPocketInstapaper How EA ($EA) grades players for its huge Madden franchise. (fivethirtyeight.com) TweetPocketInstapaperSymbols: $EA You can support Abnormal Returns by visiting Amazon, signing up for our daily newsletter, liking us on Facebook or following us on Yahoo Finance, StockTwits and Twitter.