Q&A: With techno-optimist Tim O’Reilly author of WTF: What’s the Future and Why It’s Up to Us. (Wired)
Quote of the Day
"The investment management industry has feasted for too long on opaque fees and hidden levies. Explicitly calibrating management income with performance would expose poor performers to some Schumpeterian creative destruction."
(Mark Gilbert)
Strategy
- One of the worst things an investors can do is 'chase yield.' (blogs.wsj.com)
- Eight good reasons why you should take a simple approach to investing. (alephblog.com)
- Building a portfolio is in part like building a great team. (stockcharts.com)
- Wall Street strategists are finally getting bullish. (businessinsider.com)
Energy
- Why Warren Buffett feels comfortable owning truck stops for the forseeable future. (wsj.com)
- Our energy system is getting transformed in front of our very eyes. (sl-advisors.com)
Offers
- "Curb Your Enthusiasm" is back. Sign up for a free-trial to HBO on Amazon Channels. (amazon.com)
- Got a Kindle you don't use any more? Trade it in and get paid and buy a new one. (amazon.com)
- Sick of going to the grocery store? Try Amazon Fresh. (amazon.com)
Apple
- Apple ($AAPL) is hedging its design bets more than it used to. (johnloeber.com)
- The iPhone X is not without its risks. (aboveavalon.com)
- No Apple ($AAPL) doesn't throttle the performance of your phone. (loopinsight.com)
Cryptocurrencies
- "Blockchain tourists" are ruining things for the rest of us. (cnbc.com)
- A special report on the blockchain world including a look at how 'smart contracts work.' (spectrum.ieee.org)
- Eight things cryptocurrency enthusiasts won't tell you. (ofnumbers.com)
Retail
- Amazon ($AMZN) is thinking about getting into the retail pharmaceutical business. (cnbc.com)
- Don't write off Wal-Mart's ($WMT) efforts online yet. (barrons.com)
Fund management
- The world's largest money managers, visualized. (visualcapitalist.com)
- Hedge funds are pushing into less liquid markets to try and generate novel returns. (wsj.com)
Membership
- Know someone who would benefit from an Abnormal Returns membership? Here you go: (abnormalreturns.memberful.com)
- Back by popular demand is the Benefactor level ($75) for the ultimate Abnormal Returns fan. (abnormalreturns.memberful.com)
- It's Day 8 of our big Abnormal Returns membership drive. Details here: (abnormalreturns.com)
Economy
- What CEOs had to say about the economy this week. (avondaleam.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 Abnormal Returns. (abnormalreturns.com)
- What you missed in our Saturday linkfest. (abnormalreturns.com)
- Longform links: what can't be quantified. (abnormalreturns.com)
