Interview: With Tim Harford author of Fifty Inventions That Shaped the Modern Economy. (Smithsonian)
Quote of the Day
“There comes a time when you ought to start doing what you want. I think you are out of your mind if you keep taking jobs that you don’t like because you think it will look good on your résumé. Isn’t that a little like saving up sex for your old age?”
(Warren Buffett)
Strategy
- You can change your portfolio or you can change your behavior. (dpegan.com)
- There's more to risk premia than just going long. (mrzepczynski.blogspot.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 $2.99 for the Kindle. (amazon.com)
Phones
- Why the Apple ($AAPL) iPhone has succeeded for a decade. (nytimes.com)
- Would you buy a truly 'dumb phone'? (ft.com)
- A rave review for the "beautiful" Essential Phone. (businessinsider.com)
Money management
- ETFs passing the 'trading test' every day. (etf.com)
- Alternative assets generate 42% of money management industry revenues. (awealthofcommonsense.com)
- Invesco ($IVZ) looks cheap relative to the competition. (wsj.com)
Funds
- Cullen Roche, "Product wrappers don’t kill portfolios but portfolios can be killed by people who misuse product wrappers." (pragcap.com)
- Benchmarks aren't just for funds. (blogs.cfainstitute.org)
- Sector funds are easily misused. (alphabaskets.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)
Global
- Brazil's hedge fund sector is growing. (nytimes.com)
- Maersk Tankers has invested in the CargoMetrics hedge fund. (ft.com)
Economy
Earlier on Abnormal Returns
- Personal finance links: offering solutions. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: systematic and cheap. (abnormalreturns.com)
- Service journalism and 'being of service' or why you should read 'Barking Up the Wrong Tree' by Eric Barker. (abnormalreturns.com)
