Special offer: If you pre-order Scott Galloway’s new book The Four: The Hidden DNA of Amazon, Apple, Facebook, and Google and tweet your receipt with the hashtag #thefourbook by midnight Monday, Galloway will give $50 to charity:water, who provides safe and clean water to developing nations. (L2)
Quote of the Day
"We often make two unconscious assumptions: that people with greater wealth are somehow superior—and that their financial success is the result of talent. Yet all it takes is a moment’s reflection to realize this is nonsense."
(Jonathan Clements)
Markets
- How various tactical asset allocation strategies performed in August. (allocatesmartly.com)
- You can always find a billionaire to confirm your priors. (dashofinsight.com)
- It didn't take much to scare the bulls off. (stockcharts.com)
Industries
- What industries have lasting moats? (fortunefinancialadvisors.com)
- Simon Lack, "The road to American Energy Independence, driven by the Shale Revolution, is being navigated by regular corporations and GPs rather than MLPs." (sl-advisors.com)
Strategy
- How perfectionism can undermine your [insert endeavor here]. (traderfeed.blogspot.com)
- The deliberate use of asset allocation is a recognition of the random nature of life. (stockcharts.com)
Offers
- Listen to summaries of 2000+ non-fiction books including Joel Greenblatt's "The Little Book That Beats the Market" and get 20% OFF a new Blinkist subscription. (blinkist.com)
- Give $5 off a new Amazon Fire Stick. (amazon.com)
- "Moonwalking with Einstein: The Art and Science of Remembering Everything" by Joshua Foer is just $3.99 for the Kindle. (amazon.com)
Companies
- As an online publisher it is hard to escape Google's ($GOOGL) reach. (talkingpointsmemo.com)
- Which narrative fits Amazon ($AMZN) best? (bloomberg.com)
- As anticipated Roku has filed for an IPO. (wsj.com)
- Why Uber's new CEO needs to avoid the Board for at least six months. (l2inc.com)
- Slack use is spreading outside the office. (businessinsider.com)
Funds
Economy
- 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: subject matter expertise. (abnormalreturns.com)
- Humility as a guard against complacency and overconfidence. (abnormalreturns.com)