Review: Sheelah Kolhatkarhas written a “fast-paced tale” in Black Edge: Inside Information, Dirty Money, and the Quest to Bring Down the Most Wanted Man on Wall Street. (Bloomberg)
Quote of the Day
"To make money in the Trump era, it pays to practise what you might call “reality-based investing."
(Stephen Foley)
Markets
- The only Dow 20,000 post you need to read. (bpsandpieces.com)
- Why you should pay attention to the outflows at GMO. (beta.morningstar.com)
Offers
- Robert Cialdini's first (classic) book "Influence: The Psychology of Persuasion" is just $1.99 for the Kindle. (amazon.com)
- Ed Thorp's long awaited memoir, "A Man for All Markets: From Las Vegas to Wall Street, How I Beat the Dealer and the Market" is now out. (amazon.com)
- "The Subtle Art of Not Giving a F*ck: A Counterintuitive Approach to Living a Good Life" by Mark Manson seems like an appropriate read for 2017. (amazon.com)
Companies
- How Satya Nadella created a new urgency at Microsoft ($MSFT). (businessinsider.com)
- Is Amazon's ($AMZN) lead in home automation insurmountable? (businessinsider.com)
- How hedge funds (legally) got a jump on the J&J ($JNJ) deal to acquire Actelion. (bloomberg.com)
Funds
- Calstrs is talking about lowering its returns expectations from 7.50% to 7.25%. (wsj.com)
- Organizational culture plays a huge role in portfolio performance. (awealthofcommonsense.com)
- Lessons learned from the woes at Harvard's endowment fund. (bloomberg.com)
- The four P's for mutual fund due diligence. (beta.morningstar.com)
Global
- Your guide to watching the show "Billions." (medium.com)
- Sign up for a free trial to Showtime and catch up on all the first season of "Billions" before Season 2 debuts. (amazon.com)
Economy
Earlier on Abnormal Returns
- Podcast links: happiness unearthed. (abnormalreturns.com)
- 7 amazing blogs financial professionals need to follow. (linkedin.com)
- What you missed in our Thursday linkfest. (abnormalreturns.com)
- Startup links: hiding the technology. (abnormalreturns.com)
- The 101 top economics and finance blogs for 2017. (focus-economics.com)
- In search of an edge: the life and times of Ed Thorp. (abnormalreturns.com)
Mixed media
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