Book list: Robert Cialdini author Pre-suasion: A Revolutionary Way to Influence and Persuade lists six books about influence including Grit: The Power of Passion and Perseverance by Angela Duckworth. (Marketwatch)
Quote of the Day
"We're a macro hedge fund but we think we have an edge investing in a VC-backed blood-testing company. What could possibly go wrong?"
(Ben Carlson)
Strategy
- You can't outperform every year. (blog.cordantwealth.com)
- Does equal-weighting work for asset allocation? (capitalspectator.com)
Offers
- If you've read "Thinking Fast and Slow" you will likely want to read Michael Lewis' forthcoming "The Undoing Project: A Friendship That Changed Our Minds." (amazon.com)
- Buy the new Amazon Fire TV stick and get $65 in content free. (amazon.com)
- Try Audible.com and get two free audiobooks including the new memoir by Bruce Springsteen, "Born to Run." (amazon.com)
- Amazon Prime members can get at least $30 off of a new Kindle reader. (amazon.com)
- The Amazon Tap portable Alexa-powered speaker is currently $30 off. (amazon.com)
Companies
- Twitter ($TWTR) desperately needs to cut costs. (brontecapital.blogspot.com)
- What Wal-Mart ($WMT) needs to do to compete with Amazon ($AMZN). (fortune.com)
- Amazon ($AMZN) is pushing into physical grocery stores. (wsj.com)
Hedge funds
- Renaissance Technologies is attracted big slugs of cash. (wsj.com)
- Why don't hedge fund report returns like other managers? (bloomberg.com)
Funds
- Managed futures mutual funds continue to attract capital. (managed-futures-blog.attaincapital.com)
- ETF flows don't necessarily tell us anything about sentiment. (etf.com)
- How to parse a fund name. (monevator.com)
Earlier on Abnormal Returns
- Startup links: recycling capital. (abnormalreturns.com)
- At the Enterprising Investor blog I write about the reality of climate change and its effect on investing. (blogs.cfainstitute.org)
- Monday links: the intangible corporation. (abnormalreturns.com)
