Review: The Undoing Project: A Friendship That Changed Our Minds by Michael Lewis is “an engrossing biographical perspective on this brilliant academic duo.” (Alpha Architect)
Quote of the Day
"One of the hardest questions to answer as an investor is the following: Am I anchoring to an investment strategy that doesn’t work anymore or staying disciplined to a good process?"
(Ben Carlson)
Strategy
- The multi-decade bull market in bonds has distorted investors' expectations. (bloomberg.com)
- Patience always pays for investors. (theirrelevantinvestor.com)
Offers
- You can get "Think Like a Freak: The Authors of Freakonomics Offer to Retrain Your Brain" for just $1.99 for the Kindle. (amazon.com)
- Did you know Amazon has its own private label bedding and bath brand, Pinzon? Me neither. (amazon.com)
- Get Brad Feld and Jason Mendelson's "Venture Deals: Be Smarter Than Your Lawyer and Venture Capitalist" and get the Kindle version for just $2.99 more. (amazon.com)
Companies
- In many ways the Twitter ($TWTR) product has degraded over time. (howardlindzon.com)
- At what point do regulators start paying attention to Amazon's ($AMZN) success? (economist.com)
Apple
- Will a cheaper iPad help Apple ($AAPL) regain share in the education market. (valuewalk.com)
- iTunes is a broken product. (theverge.com)
Finance
Funds
Global
Economy
- Cities require a continuous replenishing of residents. (bloomberg.com)
- How much you can save in ten cities if you moved to the suburbs. (businessinsider.com)
Earlier on Abnormal Returns
- Podcast links: robot ethics. (abnormalreturns.com)
- It takes three to tango in ETF-land. (abnormalreturns.com)
- What you missed in our Thursday linkfest. (abnormalreturns.com)
- Startup links: seed meetings. (abnormalreturns.com)