Excerpt: Grit is great but you have to know when to quit, an excerpt from Susan David’s Emotional Agility: Get Unstuck, Embrace Change and Thrive in Work and Life. (Quartz)
Quote of the Day
"You should be wary of financial advisers who aggressively market themselves with the label “conflict free.” No matter how sincerely they may believe it, that description is impossible."
(Jason Zweig)
Chart of the Day
Emerging market analysts are edging into bullish territory. (via @TihoBrkan)
Markets
- Why are analysts always so optimistic about small cap earnings? (blog.tfscapital.com)
- It's all about earnings. (dashofinsight.com)
Strategy
- You can build a solid portfolio with just three funds. (humbledollar.com)
- The real reason traders lose money: In other words, traders lose money BECAUSE they are trading their personalities. (traderfeed.blogspot.com)
- CDs are a bit of a free lunch for investors. (obliviousinvestor.com)
Sponsored link
Companies
- The long, ongoing restructuring of GE ($GE) is coming to an end. (bloomberg.com)
- The trade in natural gas is becoming globalized. (sl-advisors.com)
- A Spotify listing would be a milestone for the industry. (bloomberg.com)
Hedge funds
- Why are hedge funds piling into the banks like JP Morgan Chase ($JPM) now? (brooklyninvestor.blogspot.com)
- Family offices are getting more love from hedge funds. (bloomberg.com)
- Dale Folwell, "We don’t own alternative investments. They own us...I think they increase complexity and reduce value." (bloomberg.com)
- A disclosure loophole hedge funds could drive a truck through. (dealbreaker.com)
Funds
- TIAA/Nuveen: A Guide to the Pension Giant. (barrons.com)
- The case for high yield muni bond funds. (barrons.com)
Offers
- Amazon's line of Fire tablets are on sale including the $39.99 Fire 7". (amazon.com)
- Purchase the well-reviewed "Emotional Agility: Get Unstuck, Embrace Change, and Thrive in Work and Life" by Susan David for just $1.99 for the Kindle. (amazon.com)
Economy
- The March NFP report was better than commonly thought. (calculatedriskblog.com)
- Policy asymmetry and the lower bound. (nytimes.com)
- A succinct summary of the economic week that was. (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: an improved understanding. (abnormalreturns.com)
