Excerpt: How barbed wire changed America. An excerpt from Tim Harford’s Fifty Inventions That Shaped the Modern Economy. (BBC)
Quote of the Day
"All my biggest investment mistakes have a common theme – people. We’re all messy and that messiness gets multiplied by mis-communication."
(Brent Beshore)
Strategy
- Haven't rebalanced your portfolio in a while? Now is the time. (nytimes.com)
- The MLP investor base is in transition. (sl-advisors.com)
Companies
- Apple ($AAPL) is going to regret not investing more, sooner in Siri. (slate.com)
- Kroger ($KR) is now stuck between Amazon ($AMZN) and Wal-Mart ($WMT). (l2inc.com)
- Athletic shoe retailers are in the sights of Amazon ($AMZN). (businessinsider.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)
- "The 100-Year-Old Man Who Climbed Out the Window and Disappeared" by Jonas Jonasson is just $2.00 for the Kindle. (amazon.com)
Finance
Economy
- Employment is the most important economic indicator. (dashofinsight.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: always go the funeral. (abnormalreturns.com)
- My "big interview" with Chuck Jaffe on the Money Life Show. (abnormalreturns.com)
- Fixed income risk is immutable, but how you hold your bonds could make a big difference. (abnormalreturns.com)