Diane Coyle thinks Tim Harford’s Messy: The Power of Disorder to Transform Our Lives “..is right, it’s a pleasure to read, and it’s out just in time for Christmas.” (The Enlightened Economist)
Quote of the Day
"Donald Trump is now our president, like it or not. I hope he’s up to the challenge."
(Josh Brown)
Chart of the Day
“The action overnight also reminds us of another piece of advice we have heard over time – nothing ever good happens in after-hours trading.”
Election
- Watch for new market leadership. (howardlindzon.com)
- Keep an eye on bond market flows. (awealthofcommonsense.com)
- Some lessons learned from the surprising election. (bloomberg.com)
- Things move slower in Washington than commonly thought. (dashofinsight.com)
- J.D. Vance, "I followed the herd, and my herd was wrong." (nytimes.com)
Up/Down
Funds
- What managed futures managers are saying about the markets. (managed-futures-blog.attaincapital.com)
- The investment management industry has a diversity problem. (ft.com)
Offers
- "Atlas Obscura: An Explorer's Guide to the World's Hidden Wonders" looks like a great holiday gift. (amazon.com)
- Streamline your viewing and sign up for a free trial to Showtime, STARZ or Seeso at Amazon. (amazon.com)
- Try Audible.com and get two free audiobooks including Wayne Gretzky's memoir "99 Stories of the Game." (amazon.com)
Berkshire Hathaway
- Berkshire Hathaway ($BRKB) is trading around 1.3x book value. (barrons.com)
- Buffett partners 3G are raising a big slug of money. (fortune.com)
Finance
ESG
- Future CFAs are going to have to bone up on ESG issues. (bloomberg.com)
- Why aren't there more sustainable ETFs? (barrons.com)
Earlier on Abnormal Returns
- Personal finance links: focusing on what matters. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: unrealistic assumptions. (abnormalreturns.com)
