List: The best books about the history of technology including The Box: How the Shipping Container Changed the World by Marc Levinson. (Tim Harford)
Quote of the Day
"Forty hour workweeks are a relic of the Industrial Age. Knowledge workers function like athletes - train and sprint, then rest and reassess."
(Naval Ravikant)
Strategy
- Valuations point to there being more value outside the US. (beta.morningstar.com)
- What are Millennials doing with their money? (thereformedbroker.com)
- Patience is a rare commodity among investors. (awealthofcommonsense.com)
Uber
- Can Uber ever make money? (ft.com)
- Nobody's happier about Uber's troubles than Lyft. (vox.com)
- This guy would be the perfect CEO for Uber. (dealbreaker.com)
Offers
- The $20 Amazon Dash Wand, powered by Alexa, is free after rebate. (amazon.com)
- Want a fresh, new Kindle? Trade-in your old one and get an Amazon gift card and $20 bonus off a new Kindle. (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)
- Buy two Amazon Echo Shows with a promo code and get $100 off. (amazon.com)
Home Capital
- Warren Buffett's investment in Home Capital is already showing a profit. (business.financialpost.com)
- Marc Cohodes had Home Capital right until Warren Buffett showed up. (bloomberg.com)
Finance
- The first decade of Blackstone ($BX) as a public entity has been pretty ho-hum. (nytimes.com)
- The daily CME ($CME) cheese auction is moving online. (wsj.com)
- The power of index providers like MSCI ($MSCI) keep growing. (bloomberg.com)
Economy
- Scotty, we need more Treasury bonds! (macromon.wordpress.com)
- Millennials are slowly taking over the US economy. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Podcast links: the retail earthquake. (abnormalreturns.com)
- What you missed in our Thursday linkfest. (abnormalreturns.com)
- Startup links: the wrong choice. (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)
