Lessons: 10 insights from Jason Calacanis’ Angel: How to Invest in Technology Startups – Timeless Advice from an Angel Investor Who Turned $100,000 into $100,000,000. (Ivanhoff Capital)
Quote of the Day
"The more extreme the outcome, the more complex the factors were that led to that outcome. Case studies can be dangerous because we study extreme examples, and extreme examples are often the least applicable to other situations, given their complexity."
(Morgan Housel)
Markets
- A bunch of myths about the current bull market. (fortunefinancialadvisors.com)
- Sell big tech, buy big biotech. (businessinsider.com)
Strategy
- A list of investment-related items everyone should read as soon as they come out. (bpsandpieces.com)
- The best books to read about financial history. (awealthofcommonsense.com)
Offers
- Finance professors rarely are protagonists in thrillers like Holly Bell's "Trading Salvos: A Kate Adams Novel." (amazon.com)
- Open a Coinbase account and trade $100 in cryptocurrencies and get $10 in Bitcoin free. (coinbase.com)
- The Bose Soundlink wireless headphones are currently $50 off at Amazon.com. (amazon.com)
Apple
- Apple ($AAPL) Glasses are inevitable. (aboveavalon.com)
- Remember when 'A thousand songs in your pocket' was a thing? On the end of the iPod. (wired.com)
Finance
- Family offices are increasingly "going direct" and bypassing PE funds. (institutionalinvestor.com)
- Goldman Sachs ($GS) wants to lend against your Fidelity portfolio. (wsj.com)
Funds
- Just because a fund tracks an index doesn't mean it is cheap. (ft.com)
- What to do if your fund changes managers. (beta.morningstar.com)
- Why due diligence of global macro managers is especially tough. (mrzepczynski.blogspot.com)
Global
- Spain's economy is growing again. (nytimes.com)
- Breaking down growth in the Canadian economy. (bloomberg.com)
Economy
Cities
- The fiscal situation in Illinois (and Cook County) is scary. (wirepoints.com)
- Cities are increasingly non-diversified when it comes to jobs. (bloomberg.com)
Earlier on Abnormal Returns
- Podcast links: power of positive leadership. (abnormalreturns.com)
- What you missed in our Thursday linkfest. (abnormalreturns.com)
- Startup links: the best companies. (abnormalreturns.com)
- Buy time, they are not making any more of it. (abnormalreturns.com)
- Time spent watching the stock market is time wasted (abnormalreturns.com)
