What Tim Harford, author of Messy: The Power of Disorder to Transform Our Lives, is reading including Steven Johnson’s Wonderland: How Play Made the Modern World. (Tim Harford)
Quote of the Day
"The main takeaway is that the real causative factors of success are often hidden from us...We seduce ourselves into overestimating the impact of our intellectualism and then wonder why “idiots” are getting ahead."
(Shane Parrish)
Markets
- Junk bonds had a good week, last week. (capitalspectator.com)
- How bad could the bond sell-off get? (awealthofcommonsense.com)
Strategy
- Lessons learned from Roger Lowenstein's "When Genius Failed." (investingcaffeine.com)
- Brett Steenbarger, "We are most energized when we live up to our highest ideals." (traderfeed.blogspot.com)
Conferences
- Most investment conferences suck, this one didn't. (basonasset.com)
- Five message from the evidence-based investing crowd. (tonyisola.com)
Offers
- You can get a Kindle for just $49.99 today. (amazon.com)
- Sign up for an Audible.com trial and get two free books including "The Revenge of Analog: Real Things and Why They Matter" by David Sax. (amazon.com)
- Place an order through Alexa, like a $79.99 Tap, and get a $5 gift card. (amazon.com)
Companies
- Apple ($AAPL) is losing to Microsoft ($MSFT) on design and innovation. (keithsawyer.wordpress.com)
- Some developers are considering switching to a Windows machine due to the new Macbook Pro design. (qz.com)
- Apple ($AAPL) is getting out of the wireless router business. (bloomberg.com)
- Google ($GOOGL), Facebook ($FB) and Microsoft ($MSFT) are re-making themselves built on AI. (wired.com)
Global
- Denmark is no fan of Brexit. (ft.com)
- Steve Eisman thinks Italian banks are a hot mess. (theguardian.com)
- The UK's debt load is not all that high. (niesr.ac.uk)
- Keep an eye on Argentina's and Vietnam's stock markets. (blog.abglobal.com)
Economy
- The Chicago Fed National Activity Index increased in October. (calculatedriskblog.com)
- It's hard to believe the markets so easily shrugged off a Trump victory. (econbrowser.com)
- Beware Trump politicizing the Fed. (ft.com)
- A world with a disengaged America is a dangerous one. (ft.com)
Earlier on Abnormal Returns
- ETF links: table stakes. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
- Top clicks last week on Abnormal Returns. (abnormalreturns.com)
