Review: Octopuses have been here on Earth 1000 times as long as humans. A nice review of The Octopus, the Sea, and the Deep Origins of Consciousness by Peter Godfrey-Smith. (NYTimes)
Quote of the Day
"Until managers cut costs further, investors will—and should—continue to desert them. Fulcrum fees are an old idea whose time has come again."
(Jason Zweig)
Markets
- The stock market ended the week 'firing on one cylinder.' (traderfeed.blogspot.com)
- 17 more names to follow on financial Twitter. (benzinga.com)
Offers
- Aswath Damodaran's "Narrative and Numbers: The Value of Stories in Business" has just been released. (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)
- Hungry? You can now order the meal-replacement Soylent from Amazon. (amazon.com)
Companies
- Apple's ($AAPL) AirPods are turning into quite a hit. (loopinsight.com)
- Want to buy Bill Ackman at a discount? (sumzero.com)
Finance
- The case for KKR ($KKR) units being undervalued. (barrons.com)
- What John Rekenthaler has learned through his years at Morningstar ($MORN). (barrons.com)
Global
- Why did the UK economy do OK after the Brexit vote? (marginalrevolution.com)
- Some thoughts on global energy demand. (sl-advisors.com)
Economy
- Wage growth is finally here. (economist.com)
- The Fed is still on track. (economistsview.typepad.com)
- Baby boomers are leaving the workforce in droves. (bloomberg.com)
- A succinct summary of the week's economic events. (ritholtz.com)
- The economic schedule for the coming week. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Top clicks this week on the site. (abnormalreturns.com)
- What you missed in our Saturday linkfest. (abnormalreturns.com)
- Longform links: fast elevators. (abnormalreturns.com)
