Review: Bianca Bosker’s Cork Dork: A Wine-Fueled Adventure Among the Obsessive Sommeliers, Big Bottle Hunters, and Rogue Scientists Who Taught Me to Live for Taste is “thrilling” and filled with “gonzo élan.” (NYTimes)
Quote of the Day
"Pessimism always sounds smarter than optimism."
(Morgan Housel)
Chart of the Day
Is it finally time for international stocks to outperforming US stocks?
Markets
- It's hard not to notice portfolio managers' optimism. (fat-pitch.blogspot.com)
- Ten headlines you will never see in the financial media. (danielsolin.com)
Energy
- The former CEO of Anadarko Petroleum now has $1 billion to spend in the oil patch. (wsj.com)
- What happens when you swap emerging markets for MLPs? (sl-advisors.com)
Trading
- Traders: don't treat the symptoms, treat the underlying condition. (traderfeed.blogspot.com)
- You can't learn if you are never wrong. (thecrosshairstrader.com)
- Traders need to have some self-compassion. (forbes.com)
Offers
- "Learn Better: Mastering the Skills for Success in Life, Business, and School, or, How to Become an Expert in Just About Anything" by Ulrich Boser is a "Best Book for March 2017" at Amazon. (amazon.com)
- As is "Irresistible: The Rise of Addictive Technology and the Business of Keeping Us Hooked" by Adam Alter. (amazon.com)
Amazon
- Amazon ($AMZN) now wants to apply its technology prowess to the retail store. (nytimes.com)
- Remember when many thought Amazon ($AMZN) was just a way to dodge state sales taxes? (fortune.com)
Finance
- How did 1,500 StockTwits users do at predicting Snap's ($SNAP) opening price? (blog.stocktwits.com)
- The logical conclusion of buying hedge funds with 'solid' names. (dealbreaker.com)
- What is a tontine and how might it help in retirement? (nytimes.com)
Economics
- Jeff Miller, "Business cycles don't die of old age." (dashofinsight.com)
- What CEOs had to say about the economy this week. (avondaleam.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: man vs. algorithm. (abnormalreturns.com)
- It takes three to tango in ETF-land. (abnormalreturns.com)