Review: Ted Seides’ So You Want to Start a Hedge Fund: Lessons for Managers and Allocators helps you learn how hedge fund managers “tick.” (value and opportunity)
Quote of the Day
"This [Amazon Echo Show] is like buying a Mac in 1984. The capabilities are endless, but the software is limited."
(Robert Lefsetz)
Markets
- Bitcoin is still a teeny market. (pointsandfigures.com)
- Words matter when it comes to market. (pragcap.com)
Strategy
- Why do investors have 'algorithm aversion'? (mrzepczynski.blogspot.com)
- GMO holds portfolios with a bunch of 'dry powder.' (barrons.com)
Non-fiction Kindle deals
- The classic "Zen and the Art of Motorcycle Maintenance: An Inquiry Into Values" by Robert Pirsig is just $1.99 for the Kindle. (amazon.com)
- "The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers" by Ben Horowitz is just $2.99 for the Kindle. (amazon.com)
- "Letterman: The Last Giant of Late Night" by Jason Zinoman is just $1.99 for the Kindle. (amazon.com)
- "The Spider Network: The Wild Story of a Math Genius, a Gang of Backstabbing Bankers, and One of the Greatest Scams in Financial History" by David Enrich is just $2.99 for the Kindle. (amazon.com)
Companies
- Amazon ($AMZN) is now going after business customers. (bloomberg.com)
- Amazon's ($AMZN) name pops up on 10% of earnings conference calls. (venturebeat.com)
Finance
- Redfin ($RDFN) is public but it hasn't disrupted the real estate industry. (arstechnica.com)
- The battle for elite credit card users ain't cheap. (wsj.com)
Funds
Offers
- In 2017 you can stream Thursday Night Football live on Amazon Prime. (amazon.com)
- Buy two Amazon Echo Shows and receive $100 off your order with code SHOW2PACK. (amazon.com)
Economy
- The US savings rate has dropped back. (bloomberg.com)
- The death of the mall is going to reshape America. (theguardian.com)
- A succinct summary of the week's economic events. (ritholtz.com)
- The economic schedule for the coming week. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Top clicks this week on the site. (abnormalreturns.com)
- What you missed in our Saturday linkfest. (abnormalreturns.com)
- Longform links: critical mass. (abnormalreturns.com)