Endorsement: Michael Shermer’s The Believing Brain: From Ghosts and Gods to Politics and Conspiracies—How We Construct Beliefs and Reinforce Them as Truths is “intriguing and well-researched with lots of good storytelling.” (Tim Harford)
Quote of the Day
"As a rule of thumb, spend more than 50% of your time creating and leave the rest of the time for consuming."
(Tim Denning)
Markets
- The markets are working off their sentiment highs. (disciplinedinvesting.blogspot.com)
- Manufacturing sentiment is cooling off. (blogs.wsj.com)
Strategy
Offers
- Need some new tunes? Start a free-trial to Amazon Music Unlimited. (amazon.com)
- Need a spare tablet around the house? Get Amazon's best-selling Fires for $10 to $20 off. (amazon.com)
- Start a 6 month free trial to Amazon Prime Student and get $15 off a $40 order. (amazon.com)
Finance
Funds
- Investors have pulled billions from the Fairholme Fund. (blogs.wsj.com)
- Why does active management have to cost so much? (bloomberg.com)
Global
Economy
- A winner-take-all-economy is nothing new. (awealthofcommonsense.com)
- Making the case for a surge in technology-driven productivity gains. (entropyeconomics.com)
Earlier on Abnormal Returns
- Podcast links: tracking peace. (abnormalreturns.com)
- A round-up of all of the book links from the past month: April edition. (abnormalreturns.com)
- What you missed in our Thursday linkfest. (abnormalreturns.com)
- Startup links: 2037's Amazon. (abnormalreturns.com)
- My most recent post at the Enterprising Investor: "Keep ETFs Weird." (blogs.cfainstitute.org)
- A Q&A with Jonathan DeYoe author of "Mindful Money: Simple Practices for Reaching Your Financial Goals and Increasing Your Happiness Dividend." (abnormalreturns.com)
