Best of: The 20 best business books of 2016 including Pre-Suasion by Robert Cialdini. (Business Insider)
Quote of the Day
"Clickbait works for a reason. Because people click on it. The thing about clickbait, though, is that it exists to catch prey, not to inform them. It's bait, after all."
(Seth Godin)
Chart of the Day
The challenge isn’t finding the next Amazon ($AMZN), it’s holding onto it.
Markets
- 2016 in review: you never would have guessed it. (basonasset.com)
- Once again with feeling: ignore "stocks to buy in 2017" lists. (nytimes.com)
Strategy
- Three reasons to distrust forecasts. (alephblog.com)
- When should you average down? (brontecapital.blogspot.com)
- Who you should follow on StockTwits. (howardlindzon.com)
Offers
- Pre-order Market Wizard Tony Saliba's forthcoming "Managing Expectations: Driving Profitable Option Trading Outcomes Through Knowledge, Discipline, and Risk Management" and get a free e-book and audio version, to boot. (managingexpectationsbook.com)
- Sign up for a free trial to Audible.com and get two free books including "A Man for all Markets." (amazon.com)
- Pre-order the forthcoming memoir by Ed Thorpe "A Man for All Markets: From Las Vegas to Wall Street, How I Beat the Dealer and the Market." (amazon.com)
Finance
- Institutional investors are putting a brake on hedge fund risk-taking. (wsj.com)
- The case against Platinum Partners. (bloomberg.com)
- How to value Oaktree Capital ($OAK). (valueandopportunity.com)
Global
- The chaos that is India's monetary system. (ftalphaville.ft.com)
- Should Iceland join the Euro? (marginalrevolution.com)
Economy
Earlier on Abnormal Returns
- Personal finance links: good wealth management. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: optimal trade sizing. (abnormalreturns.com)
