Best of: The 16 best books of 2016 including Sapiens: A Brief History of Humankind by Yuval Harari. (Farnam Street)
Quote of the Day
"The best way to build trust isn’t to convince people that you don’t make mistakes. It’s to convince them that you’ll be honest and corrective when you inevitably do."
(Morgan Housel)
Markets
- High beta stocks have been perking up. (thereformedbroker.com)
- How tactical asset allocation strategies fared in December. (allocatesmartly.com)
Strategy
- Humility and curiosity are two great traits for money managers. (rp-pieces.com)
- When valuations don't matter. (brontecapital.blogspot.com)
- Investors need a "release valve." (thebackcourtreport.com)
- The market isn't wrong. The script in your head is. (traderfeed.blogspot.com)
- 17 financial Twitter names to follow in 2017. (benzinga.com)
Offers
- 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)
- 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)
Hedge funds
- Hedge fund math doesn't add up. (financial-math.org)
- Hedge funds have gone from a seller's market to a buyer's market. (blog.streeteye.com)
Global
- The global economy is running hot going into 2017. (ft.com)
- A history of the Euro. (businessinsider.com)
Economy
- The auto industry is hitting all cylinders...for now. (washingtonpost.com)
- Home builders are reviving abandoned previously abandoned projects. (wsj.com)
Earlier on Abnormal Returns
- Research links: optimal trade sizing. (abnormalreturns.com)
- What you missed in our Monday linkfest. (abnormalreturns.com)
- ETF links: untradeable zombies. (abnormalreturns.com)
- What books Abnormal Returns readers purchased in December 2016. (abnormalreturns.com)
