Book notes: Can an algorithm identify bestsellers? Insights from The Bestseller Code: Anatomy of the Blockbuster by Jodie Archer and Matthew Jockers. (FT)
Quote of the Day
"There are no public investment funds that are managed as patiently as were Berkshire Hathaway’s early portfolios."
(John Rekenthaler)
Markets
- Investor return expectations are still way too high. (finalternatives.com)
- What’s the most sabotaging investing myth you wish the mainstream world knew entering 2016? (mullooly.net)
Strategy
- How to improve the alternative asset management industry. (awealthofcommonsense.com)
- What you gain when you stop reading the news. (pensionpartners.com)
- Five lessons of Peter Lynch. (latticework.com)
Offers
- You can now pre-order Tim Harford's highly anticipated "Messy: The Power of Disorder to Transform Our Lives." (amazon.com)
- Try Audible.com and get two free audiobooks including the new memoir by Bruce Springsteen, "Born to Run." (amazon.com)
- Alexa is in the lead in "voice computing." You can get the Amazon Dot and Echo here: (amazon.com)
Companies
- Brave unicorns like Nutanix ($NTNX) show they can go public. (nytimes.com)
- Google's ($GOOG) Uber competitor is here. (time.com)
Finance
- TARP came along with a bunch of insider trading. (dealbreaker.com)
- Hedge funds are pulling back from Deutsche Bank. (ft.com)
Economy
- Can slow but steady growth continue without political backlash? (ft.com)
- Do political prediction markets affect the stock market? (marginalrevolution.com)
Earlier on Abnormal Returns
- Podcast links: persuasive techniques. (abnormalreturns.com)
- What you missed in our Thursday linkfest. (abnormalreturns.com)
- I talk about the forthcoming Evidence-Based Investor conference. (evidenceinvestor.co.uk)
