Notes: Derek Thompson’s Hit Makers: The Science of Popularity in an Age of Distraction explores what makes a hit song, book or TV show. (Marginal Revolution)
Quote of the Day
"There is deep disenchantment with hedge funds among large investors. People have been paying extremely high fees for very poor performance — performance even a zero fee wouldn’t justify."
(Jack Bogle)
Chart of the Day
What experience teaches us about forecasting the stock market. (via @awealthofcs)
Strategy
- Behavior beats fees. (awealthofcommonsense.com)
- Stop checking your portfolio so often. (longboardfunds.com)
- Why you should look for evidence disconfirming your preferred strategy. (peterlazaroff.com)
Turbotax
- The Wirecutter ranks Intuit's ($INTU) TurboTax as the best tax software. (thewirecutter.com)
- Tax season is nigh. Get TurboTax Deluxe from Amazon. (amazon.com)
Companies
- Snap ($SNAP) would rank #26 in the S&P 500 Information Technology Index. (axios.com)
- Can Time ($TIME) make it on its own? (nytimes.com)
Finance
- The value opportunity in big bank preferreds. (philosophicaleconomics.com)
- Citadel is looking far and wide for big data experts. (bloomberg.com)
- Good luck trying to find Snap ($SNAP) shares to short. (blogs.wsj.com)
Funds
- Franklin Templeton ($BEN) has $6.5 billion in cash overseas. (ft.com)
- Does DFA's business model work for end-investors? (wsj.com)
- Mutual fund class 'T' shares are on hold. (wsj.com)
Offers
- The entire line of Amazon ($AMZN) Kindles are currently $20 off. (amazon.com)
- Andrew Sorkin's "Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the Financial System--and Themselves" is just $1.99 for the Kindle. (amazon.com)
Global
Economy
Earlier on Abnormal Returns
- ETF links: novel ideas. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
- Top clicks last week on the site. (abnormalreturns.com)
