Why Best of: The ten best business books of 2016 including Whiplash: How to Survive Our Faster Future by Joi Ito and Jeff Howe. (Fast Company)
Quote of the Day
"Accept that history is a continuous chain of accident, regret, error, miscalculation, bad decisions, unintended consequences, surprise, and misinformation – but things still got mostly better for most people, and most people meant well along the way."
(http://www.collaborativefund.com/blog/new-years-acceptances/)
Chart of the Day
Wall Street strategist have a little bit of mean reversion in them.
Markets
- Major asset class performance for December with REITs ending the year on a high note. (capitalspectator.com)
- Good luck trying to time the next spike in the $VIX. (vixandmore.blogspot.com)
- 2016: the year in charts. (pensionpartners.com)
Strategy
- Great investors worry more about being wrong than right. (wsj.com)
- Is short selling simply done as a strategy? (blogs.cfainstitute.org)
- Why context matters in trading. (traderfeed.blogspot.com)
Offers
- Pre-order Market Wizard Tony Saliba's forthcoming "Managing Expectations: Driving Profitable Option Trading Outcomes Through Knowledge, Discipline, and Risk Management" and get a free e-book and audio version, to boot. (managingexpectationsbook.com)
- Pre-order the forthcoming memoir by Ed Thorpe "A Man for All Markets: From Las Vegas to Wall Street, How I Beat the Dealer and the Market." (amazon.com)
- Sign up for a free trial to Audible.com and get two free books including "A Man for all Markets." (amazon.com)
Companies
- Five pieces of advice forJack Dorsey and Twitter ($TWTR). (medium.com)
- Why Amazon ($AMZN) should buy Twitter ($TWTR) (howardlindzon.com)
- Should publishers participate in Google's ($GOOGL) AMP? (nytimes.com)
IPOs
- Snap Inc. ($SNAP) is setting itself in investor's minds to be the next Facebook ($FB). (wsj.com)
- Keep an eye out for a surge in tech IPOs in 2017. (avc.com)
- 31 companies that could go public in 2017. (venturebeat.com)
Funds
Economy
- The US housing crisis was an across-the-board phenomenon not one centered in subprime. (mitsloan.mit.edu)
- A succinct summary of the economic week that was. (ritholtz.com)
- The economic schedule for the week. (calculatedriskblog.com)
Earlier on Abnormal Returns
- ETF links: untradeable zombies. (abnormalreturns.com)
- What books Abnormal Returns readers purchased in December 2016. (abnormalreturns.com)
- Top clicks this week on the site. (abnormalreturns.com)
- What you missed in our Saturday linkfest. (abnormalreturns.com)
- Longform links: anti-metric (abnormalreturns.com)
