Q&A: With Chip and Dan Heath authors of The Power of Moments: Why Certain Experiences Have Extraordinary Impact. (Quiet Revolution)
Quote of the Day
"Mr Thaler’s catch-all advice: whether you’re a business or a government, if you want people to do something, make it easy. This year’s choice of Nobel Prize winner is an easy one to like."
(Tim Harford)
Markets
- The Nikkei is at a 21-year high. (nytimes.com)
- Momentum is the leading US factor over the past year. (capitalspectator.com)
- The Russell 2000 just keeps chugging higher. (quantifiableedges.com)
Strategy
- Is the lack of 'cowboys' helping to cause low market volatility? (thereformedbroker.com)
- On the danger of solely focusing on dividend yields. (blog.alliancebernstein.com)
- Family offices risk getting in over their head with alts. (awealthofcommonsense.com)
Offers
- Amazon ($AMZN) just introduced a waterproof Kindle Oasis. (engadget.com)
- Pre-order a waterproof Kindle Oasis today at Amazon.com. (amazon.com)
Companies
- Honeywell ($HON) to split into two companies. (wsj.com)
- Why the Apple ($AAPL) Genius Bar is different. (slate.com)
Cryptocurrencies
- The blockchain is emotional for financial incumbents. (fortune.com)
- Episode 3 of Hash Power is up with a look at the complex future of the blockchain. (investorfieldguide.com)
- Open a Coinbase account, trade $100 in cryptocurrency and get $10 in Bitcoin free! (coinbase.com)
Fund management
- Blackrock ($BLK) now manages nearly $6 trillion in assets. (bloomberg.com)
- Vanguard's momentum is simply breathtaking. (wsj.com)
- Four lessons the asset management industry can learn from insurance? (blogs.cfainstitute.org)
- Tech is changing the geographic nature of the investment management industry. (cfapubs.org)
- Why does FINRA have an investment portfolio? (alphabaskets.com)
Membership
- It's Day 11 of our big Abnormal Returns membership drive. Details here: (abnormalreturns.com)
- Know someone who would benefit from the gift of an Abnormal Returns membership? (abnormalreturns.memberful.com)
Cities
- Economic disruptions disproportionately affect small cities. (nytimes.com)
- Adam Rogers, "Cities are not immortal. Economics and wars can kill them, but so can storms and fires. That’s especially true if cities aren’t built to resist—if cities are built in ways that make the change worse instead of fighting it." (wired.com)
- The suburbs and cities are converging. (bloomberg.com)
Earlier on Abnormal Returns
- Personal finance links: money as a tool. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: devoid of context. (abnormalreturns.com)
- I did a Q&A with Drew Voros at ETF.com. (etf.com)
- The US is the home of the world's biggest money managers. (abnormalreturns.com)
