Excerpt: From Ellen Pao’s new memoir Reset: My Fight for Inclusion and Lasting Change. (The Cut)
Quote of the Day
"To me the most important step is deciding what to work on. You filter through all your ideas and I think the key decision in any value investing research process is…it’s a time management one. It’s why do you decide to look at stock A and not Stock B? "
(Jeff Gramm)
Chart of the Day

Ed Yardeni’s fundamental stock indicator is hitting new highs.
Markets
- 10 high-conviction stocks the ultimate stock pickers are buying. (beta.morningstar.com)
- Finding more lithium ain't easy. (bloomberg.com)
Strategy
- Buying into a market crash is easier said than done. (ofdollarsanddata.com)
- On the benefits of marrying carry and trend strategies. (mrzepczynski.blogspot.com)
Hardware
- The Amazon Echo is $80 off with a current price of just $99.99. (amazon.com)
- All Kindle devices, including the Paperwhite, are currently $20 off. (amazon.com)
Companies
Funds
Economy
- TIPS-implied inflation forecasts are going nowhere fast. (capitalspectator.com)
- Millennials are starting to move to the suburbs and buy big SUVs. (bloomberg.com)
Offers
- Why don’t you read more? No time, right? Try the Blinkist app! Read or listen to the key insights from the best nonfiction books in a matter of minutes! (jump.blinkist.com)
- "Sensemaking: The Power of the Humanities in the Age of the Algorithm" by Christian Madsberg an "Amazon Best Book" is just $2.99 for the Kindle. (amazon.com)
Wages
- Why the Fed is still expecting faster wage growth. (bloomberg.com)
- Are retiring Baby Boomers to blame for slow wage growth? (blogs.wsj.com)
- Higher minimum wages boost the implementation of technology. (bloomberg.com)
Earlier on Abnormal Returns
- Research links: systematic and cheap. (abnormalreturns.com)
- What you missed in our Monday linkfest. (abnormalreturns.com)
- Service journalism and 'being of service' or why you should read 'Barking Up the Wrong Tree' by Eric Barker. (abnormalreturns.com)
- ETF links: unsuitable investments. (abnormalreturns.com)