Book review: Play Anything: The Pleasures of Limits, the Uses of Boredom, and the Secret of Games by Ian Bogost as self-help book. (Slate)
Quote of the Day
"We get a much larger return on investments we make into love, happiness and personal well being, than we do investing in hate, anger and indignation."
(Carl Richards)
Chart of the Day
The year in biotech stocks has been an abject lesson in risk and return.
Companies
- JP Morgan ($JPM) just added Todd Combs to its board. (wsj.com)
- Mega bond deals are becoming more frequent. (bloomberg.com)
Offers
- You can now get Robert Cialdini's highly anticipated second book "Pre-Suasion: A Revolutionary Way to Influence and Persuade." (amazon.com)
- Try Audible.com and get two free audiobooks including "Born to Run" by Bruce Springsteen. (amazon.com)
- Amazon is pushing hard into voice powered-computing with the new Dot. (amazon.com)
Funds
- Goldman Sachs ($GS) and JP Morgan ($JPM) are pushing hard into ETFs. (bloomberg.com)
- Active management shops need to push forward on a number of fronts to survive. (citywireusa.com)
- The problem that is fad ETFs. (etf.com)
Earlier on Abnormal Returns
- My contribution to the "Most Important Charts in the World" on yield-seeking. (businessinsider.com)
- Startup links: a business vs. a hobby. (abnormalreturns.com)
- What you missed in our Monday linkfest. (abnormalreturns.com)
