Book review: Tim Harford’s Messy: The Power of Disorder to Transform Our Lives is a “wonderful book that challenges the “good housekeeping” approach to life. It’s well worth a read.” (Reading the Markets)
Quote of the Day
"It’s hard to know the difference between “I was wrong” and “The odds were in my favor but it just didn’t work out.”
(Morgan Housel)
Strategy
- Can low-yield Treasuries still serve as an effect diversifier? (longboardfunds.com)
- Dividend investors often forget about the challenges of 'tax drag.' (definefinancial.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 $30 off. (amazon.com)
Companies
- What will HP Enterprise ($HPE) do with all its cash? (barrons.com)
- Apple ($AAPL) is missing an opportunity with iCloud. (512pixels.net)
- Why are corporate boards still so male-dominated? (washingtonpost.com)
Finance
- Twitter ($TWTR) and Snap are two signs of the same coin. (nytimes.com)
- Steve Cohen wants to start paying analysts for alpha. (wsj.com)
- Some banks are just too complicated to break up. (ft.com)
Funds
- How far will the ETF price war go? (ft.com)
- Why is mutual fund pricing still so complicated? (beta.morningstar.com)
Amazon Music
- Amazon ($AMZN) are getting into the music streaming business. (techcrunch.com)
- You can sign up for a trial to Amazon Music Unlimited here: (amazon.com)
Economy
- Techno-optimism is still a good base case. (bloomberg.com)
- Is the case for increased infrastructure spending really a slam dunk? (knowledge.wharton.upenn.edu)
- Texas is no longer the economic star. (wsj.com)
Earlier on Abnormal Returns
- Personal finance links: prudent decisions. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- At the Enterprising Investor blog I write about the reality of climate change and its effect on investing. (blogs.cfainstitute.org)
