Excerpt: The first chapter from Tim Ferriss’ Tribe of Mentors: Short Life Advice from the Best in the World. (Tim Ferriss)
Quote of the Day
"The amount of risk Apple is taking with iPhone X should not be underestimated."
(Neil Cybart)
Markets
- How various factors have performed in 2017. (factorresearch.com)
- 30 undervalued stocks across all sectors. (beta.morningstar.com)
Strategy
- Once you start looking you start to see patterns in the financial media. (awealthofcommonsense.com)
- Managed futures have a unique correlation with global stock markets. (rcmalternatives.com)
Offers
- "Stick with It: A Scientifically Proven Process for Changing Your Life-for Good" by Sean Young is just $0.99 for the Kindle. (amazon.com)
- "The Grid: The Fraying Wires Between Americans and Our Energy Future" by Gretchen Bakke is just $1.99 for the Kindle. (amazon.com)
- Prime members can now get $30 off a new Kindle like the popular Paperwhite. (amazon.com)
- "The Ostrich Paradox: Why We Underprepare for Disasters" by Robert Meyer and Howard Kunreuther is just $1.99 for the Kindle. (amazon.com)
Companies
- Why Flying J Truck Stops are a perfect fit for Warren Buffett. (bloomberg.com)
- How Microsoft ($MSFT) and Apple ($AAPL) took very different paths in media. (asymco.com)
- Ford ($F), GM ($GM) and Tesla ($TSLA) can't ALL win. (bloomberg.com)
Finance
Funds
- Fidelity International is going to eliminate flat fund fees and shift toward a fulcrum model. (ft.com)
- The argument for indexing is "broad indeed." (beta.morningstar.com)
- Do alternatives have a place in target-date funds? (allaboutalpha.com)
- How ESG can get integrated into passive mandates. (top1000funds.com)
Membership
- You can now give your favorite people a gift membership to Abnormal Returns. (abnormalreturns.memberful.com)
- Back by popular demand is the Benefactor level ($75) for the ultimate Abnormal Returns fan. (abnormalreturns.memberful.com)
- Sign-up for a new Abnormal Returns membership, get cool, exclusive benefits and we will donate 10% of proceeds to charity. (abnormalreturns.com)
Economy
- The September ISM Non-manufacturing index was at 59.8%, up from 55.3% in August. (calculatedriskblog.com)
- The ADP private employment report for September showed 135,000 growth. (crossingwallstreet.com)
Earlier on Abnormal Returns
- Personal finance links: stop thinking about money. (abnormalreturns.com)
- Critical thinking: how to avoid negative investment events. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: a healthy understanding. (abnormalreturns.com)
- Our faltering ability to have serious discussions. (abnormalreturns.com)