Notes: Lessons from J. Kelly Hoey’s Build Your Dream Network: Forging Powerful Relationships in a Hyper-Connected World. (Business Insider)
Quote of the Day
"The ability and willingness to take risk are not always equal for most investors.
(Ben Carlson)
Charlie Munger is a one-of-kind. It’s good for investors to remind themselves of this when trying to emulate him. Very few can."
Chart of the Day
Remember when biotechs led the stock market? Well they seem to be on their way back…
Markets
- The case for a market tantrum. (ftalphaville.ft.com)
- This bull market is so strong even open-end mutual funds are seeing inflows. (dealbreaker.com)
- Be wary when anyone says something in the markets is a sure thing. (seeitmarket.com)
Strategy
- What Charlie Munger had to say at the Daily Journal ($DJCO) annual meeting. (marketfolly.com)
- The Internet is still just getting started when it comes to changing business. (latticework.com)
Options
- Sean McLaughlin talks with options trading legend Tony Saliba. (medium.com)
- You can get Tony Saliba's new book "Managing Expectations" AND get a free e-book, audiobook and videos, to boot. (martinkronicle.com)
Snap IPO
- Snap ($SNAP) is tamping down on enthusiasm for its stock. (dealbreaker.com)
- How to value Snap ($SNAP). (dealbreaker.com)
- If you are at all interested in the Snap ($SNAP) IPO you should check out this episode with Ben Thompson and James Allworth. (exponent.fm)
Finance
- Banks CAN lend. Everything else is just rhetoric. (thereformedbroker.com)
- What will the big health insurers try to buy next? (bloomberg.com)
Global
- Shipping and trucking data point to an accelerating economy. (bloomberg.com)
- Norway is planning to ramp up the equity exposure in its SWF. (ft.com)
- Spain's working hours are a disaster for families. (ft.com)
Economy
Earlier on Abnormal Returns
- Podcast links: an American band. (abnormalreturns.com)
- What you missed in our Thursday linkfest. (abnormalreturns.com)
- Startup links: leading with price. (abnormalreturns.com)
- My Q&A with Ben Carlson author of "Organizational Alpha: How to Add Value in Institutional Asset Management." (abnormalreturns.com)
- Our February round-up looking at the past month's book-related items. (abnormalreturns.com)
