Review: Keith Law’s Smart Baseball: The Story Behind the Old Stats That Are Ruining the Game, the New Ones That Are Running It, and the Right Way to Think About Baseball will help you enjoy the game even more. (WSJ)
Quote of the Day
"Stuff doesn’t make people happier. Control over their time does."
(Morgan Housel)
Markets
- Health care stocks are breaking out. (jlfmi.tumblr.com)
- There is a bull market in market-related acronyms. (bloomberg.com)
Strategy
- What to to look for in beaten down energy stocks. (ericcinnamond.com)
- Hedge fund returns are way too closely clustered. (mrzepczynski.blogspot.com)
Offers
- Buy two Amazon Echo Shows with a promo code and get $100 off. (amazon.com)
- "A History of the United States in Five Crashes: Stock Market Meltdowns That Defined a Nation" by Scott Nations looks like a good read. (amazon.com)
- The Amazon Dash Wand, powered by Alexa, is free after purchase. (amazon.com)
Companies
- Christopher Mims, "Uber faces a huge opportunity to reform a company badly in need of it." (wsj.com)
- The Twitter ($TWTR) brain drain rolls on. (fool.com)
- A graphical look at the growing Jeff Bezos empire. (visualcapitalist.com)
- The iPhone was built out of a fit of pique on Steve Jobs' part. (theguardian.com)
Funds
- The four forces that cause mutual funds to go the safe route. (fool.com)
- A slew of money manager cliches. (awealthofcommonsense.com)
- These two funds dominate the shrinking equity market neutral fund space. (beta.morningstar.com)
Global
- MSCI ($MSCI) officially adds China A-shares to its influential emerging market indices. (nytimes.com)
- MSCI ($MSCI) however is not going in whole hog on A-shares. (ft.com)
- A FAQ on MSCI's decision. (kraneshares.com)
Economy
- The Fed can shrink its balance sheet...if it wants to. (dashofinsight.com)
- How population affects economic growth. (capitalspectator.com)
- Rural America is aging and shrinking. (bloomberg.com)
Earlier on Abnormal Returns
- Personal finance links: feeling irresponsible. (abnormalreturns.com)
- What you missed in Tuesday's linkfest. (abnormalreturns.com)
- Research links: a big embarrassment. (abnormalreturns.com)
- Paper trading in the age of cryptocurrencies. (abnormalreturns.com)
- A Q&A with Wes Gray and Jack Vogel of Alpha Architect about the use of value, trend and momentum. (abnormalreturns.com)