Endorsement: Robert Wright’s Why Buddhism Is True: The Science and Philosophy of Meditation and Enlightenment is a “fantastic book that speaks directly to a secular reader.” (Ben Casnocha)
Quote of the Day
"I would be astonished if we’ve managed to repeal the market cycle...How severely and rapidly it will fluctuate is a function of people’s emotions. It is human nature to panic, or to freeze or flee, if we can’t understand what dangers we’re suddenly facing. Human nature can’t be repealed."
(Diana Henriques)
Markets
- Hedge funds are wicked short $VIX futures. (businessinsider.com)
- Energy stocks have rejoined the bull market. Will MLPs follow? (sl-advisors.com)
Strategy
- Jason Zweig, "You can’t survive a market crash if you think it can’t happen." (blogs.wsj.com)
- How to build a macro-balanced portfolio. (macro-ops.com)
- What value investors should understand from angel investing. (valueandopportunity.com)
Headphones
- The Beats Studio 3 wireless noise-cancelling headphones are great for iPhone users. (businessinsider.com)
- Get the Beats Studio 3 wireless headphones here. (amazon.com)
Companies
- The Apple ($AAPL) Series 3 Watch is a great watch and so-so phone. (engadget.com)
- Why Amazon ($AMZN) should buy Twitter ($TWTR). (recode.net)
Fund management
- This is the correct benchmark for managed futures. (mrzepczynski.blogspot.com)
- Integrating commodity factors takes some work. (mrzepczynski.blogspot.com)
Support Abnormal Returns
- You can support Abnormal Returns with an annual membership for just $25. (abnormalreturns.com)
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Global
- Residents are wondering whether they should ever return to devastated Caribbean islands. (washingtonpost.com)
- London house prices fell for the first time in eight years. (theguardian.com)
Economy
- The case for a pickup in US inflation. (lxvresearch.com)
- A succinct summary of the week's economic events. (ritholtz.com)
- The economic schedule for the coming week. (calculatedriskblog.com)
- Some cities in the Midwest are doing just fine economically. (bloomberg.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: deep feelings of discontent. (abnormalreturns.com)
- The 20% ceiling: women in asset management (abnormalreturns.com)
