Book list: The Financial Times and McKinsey Business Book of the Year Award for 2016 long list is out and includes Brazillionaires: Wealth, Power, Decadence and Hope in an American Country by Alex Cuadros. (FT)
Quote of the Day
"Intellectual curiosity is the key to success in many endeavors, not just money management."
(Scott Fearon)
Chart of the Day

An increasing proportion of stocks outyield the 10 year Treasury.
Markets
- Every once awhile the globe awakens to a potential epidemic. (thereformedbroker.com)
- The financial media can't help itself when it comes to bearish calls. (priceactionlab.com)
- Oil and stocks have parted ways. (crossingwallstreet.com)
Strategy
- Sitting through a bull market isn't easy. (theirrelevantinvestor.com)
- Should we be concerned about a risk-parity de-leveraging? (thereformedbroker.com)
- How you classify stocks should be a conscious decision. (researchpuzzle.com)
Offers
- Get both "Quantitative Value" and "DIY Financial Advisor" for just $20. (blog.alphaarchitect.com)
- MODERN TRADER Magazine—the essential journal for professional traders and active investors. Special Subscription Offer! (moderntrader.com)
- Pre-order Ryan Avent's new book "The Wealth of Humans: Work, Power, and Status in the Twenty-first Century." (amazon.com)
Funds
- Is the Guggenheim S&P 500 Equal Weight ($RSP) worth the risk? (capitalspectator.com)
- Maybe investors aren't all that bad at selecting mutual funds. (beta.morningstar.com)
- What big firms are set to enter the ETF space? (etf.com)
Apple
- This Logitech Create keyboard turns the iPad Pro into a full-blow laptop. (recode.net)
- Get the Logitech Create keyboard here. (amazon.com)
- Apple ($AAPL) is brewing up a new Macbook Pro. (businessinsider.com)
Economy
Earlier on Abnormal Returns
- Personal finance links: designed not accumulated. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Three proven steps to 'instant alpha.' (abnormalreturns.com)