Recommendation: Satya Nadella CEO of Microsoft and and author of Hit Refresh: The Quest to Rediscover Microsoft’s Soul and Imagine a Better Future for Everyone says Carol Dweck’s Mindset: The New Psychology of Success changed his life. (WSJ)
Quote of the Day
"A lot of people will tend to look at valuation metrics or other indicators and feel the need to be “all in” or “all out” of the market. This is the gambler’s approach to investing. We’re not gambling though."
(Cullen Roche)
Strategy
- The stock market in 2017 is on track for a unique outcome. (bloomberg.com)
- Island reversals: you can pretty much ignore them. (priceactionlab.com)
Cryptocurrencies
- What companies are vulnerable to a Bitcoin crash? (wsj.com)
- Fidelity is unique in its experimentation with Bitcoin mining. (fortune.com)
- Trade $100 in cryptocurrencies at Coinbase and get $10 in Bitcoin free! (coinbase.com)
Membership
- It's Day 9 of our big Abnormal Returns membership drive. Details here: (abnormalreturns.com)
- 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)
Funds
- How American Funds has stopped asset outflows. (wsj.com)
- Putting liquidity into context for mutual funds and ETFs. (wsj.com)
Offers
- The Amazon Echo Show is now $30 off. (amazon.com)
- Spend $25 at Amazon and get a free bad of Wickedly Prime Sweet 'n Cheesy Popcorn Mix free! (amazon.com)
- Prime Members can get $30 off select Kindle e-readers. (amazon.com)
Nobel Prize in Economics
- University of Chicago economist Richard Thaler wins the Nobel Memorial Prize in Economic Science. (nytimes.com)
- The Thaler win of a Nobel Prize in Economics is "easy to understand." (marginalrevolution.com)
- We're all behavioral economists now. (behavioralscientist.org)
- How Thaler changed Cass Sunstein's life. (bloomberg.com)
- The Richard Thaler story is here in "Misbehaving: The Making of Behavioral Economics." (amazon.com)
Earlier on Abnormal Returns
- ETF links: fund shortcuts. (abnormalreturns.com)
- Home of the world's biggest money managers. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
- Top clicks last week on the site. (abnormalreturns.com)
