Endorsement: “If you’re new to value investing, I highly recommend Invest Like a Guru [by Charlie Tan].” (Charles Sizemore)
Quote of the Day
"A lot of knowledge jobs basically never stop, and without structuring time to think and be curious you wind up less efficient during the hours that are devoted to sitting at your desk cranking out work."
(Morgan Housel)
Markets
- Young investors should be cheering a market correction. (thereformedbroker.com)
- The US stock market is shrinking. Look overseas. (awealthofcommonsense.com)
Industries
- Industrial real estate is a beneficiary of the retail industry meltdown. (businessinsider.com)
- Amazon's ($AMZN) entry would shake up the pharmacy business. (washingtonpost.com)
Site Stuff
- Having trouble signing up for our daily e-mail missives? Go here: (abnormalreturns.com)
- An annual membership helps Abnormal Returns keep on trucking. Get on board today! (abnormalreturns.com)
Companies
- How the Apple ($AAPL) iPhone conquered business. (ft.com)
- Google ($GOOGL) may be kind of boring but it is making headway. (stratechery.com)
Finance
Offers
- Buy 3 new Fire tablets and save 20% with the 'FIRE3PACK' promo code. (amazon.com)
- Buy 2 new Echo Shows and get $100 if you use the 'SHOW2PACK' promo code. (amazon.com)
- Make your life easier. Get your college kid a six-month trial to Amazon Prime Student. (amazon.com)
Global
- China's capital controls are making for strange bedfellows. (bloomberg.com)
- Japan's economy seems to be gaining some momentum. (ft.com)
Economy
- Americans have swapped mortgage debt for student and auto debt. (ritholtz.com)
- Companies are finding it increasingly difficult to find workers who aren't stoned. (washingtonpost.com)
Earlier on Abnormal Returns
- Startup links: un-SAFE notes. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: unsettling and unpleasant. (abnormalreturns.com)
- Non-financial wants and the rise of ESG investing. (abnormalreturns.com)
- Our book link round-up post for May 2017. (abnormalreturns.com)
