Notes: Seth Stephens-Davidowitz’s Everybody Lies: Big Data, New Data, and What the Internet Can Tell Us About Who We Really Are is “new and fascinating.” (Marginal Revolution)
Quote of the Day
"People chase shiny objects precisely because opening is orders-of-magnitude easier than closing."
(Mark Suster)
Chart of the Day
Neil Cybart, “Apple’s Achilles’ heel is becoming visible. As Apple gets better at making technology more personal for the mass market, the company is losing touch with its legacy pro users.”
Markets
- These ten stocks are driving the stock market YTD. (wsj.com)
- The financial sector has led the stock market for the past year. (capitalspectator.com)
Strategy
- There is a strong argument Jack Bogle and Warren Buffett are wrong on their lack of international diversification. (cnbc.com)
- What value investors can learn from Ted Williams. (mastersinvest.com)
- A catalog of investing errors. (psyfitec.com)
- How Jesse Livermore traded the aftermath of the San Francisco earthquake of 1906. (thereformedbroker.com)
Deals
- Need some iPhone cables? A 3-pack of Anker Powerline cables is on sale today. (amazon.com)
- The business classic "Barbarians at the Gate: The Fall of RJR Nabisco" by Bryan Burrough and John Helyar is still just $1.99 for the Kindle. (amazon.com)
- Need some new tunes? Start a free-trial to Amazon Music Unlimited today. (amazon.com)
Online
- Amazon ($AMZN) is now a big force in literary translation. (seattletimes.com)
- The danger of relying on Google ($GOOGL) for search traffic. (theoutline.com)
- In praise of Flickr. (kottke.org)
Finance
- Another reminder that Bitcoin is still in its infancy. (wsj.com)
- The problem with banks isn't the investment bank-retail bank issue it is the risk of trading. (ftalphaville.ft.com)
Funds
Global
Economy
- US industrial production rose in March. (crossingwallstreet.com)
- The West Virginia economy is doing better than you think. (bloomberg.com)
- You can blame the "tax complexity lobby" for today. (nytimes.com)
Earlier on Abnormal Returns
- Research links: a volatility tsunami. (abnormalreturns.com)
- What you missed in our Monday linkfest. (abnormalreturns.com)
- ETF links: doing no wrong. (abnormalreturns.com)
- What pitching from the stretch has to do with investing. (abnormalreturns.com)
