Excerpt: On the surge in open offices from The Runaway Species: How Human Creativity Remakes the World. by Anthony Brandt and David Eagleman. (Behavioral Scientist)
Quote of the Day
"We can never achieve perfection, but we can at least make strides towards reducing all of the unforced errors that is inherent in our wetware."
(Barry Ritholtz)
Markets
- The world seems like it is utter chaos: why is the stock market still surging? (bloomberg.com)
- What should we make of the 'relentless bid' in this market? (jlfmi.tumblr.com)
Strategy
- Why traders should take a break, or mental health day, whenever they need it. (martinkronicle.com)
- David Blair, "Every moment in the market is unique." (thecrosshairstrader.com)
Membership
- It's the last day 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)
Funds
Hedge funds
- On the importance of short-term rates for hedge funds. (valuewalk.com)
- The activist trade is getting crowded. (ft.com)
- Who ever said 2&20 is dead? (dealbreaker.com)
Global
Economy
- Weekly initial unemployment claims fell last week. (calculatedriskblog.com)
- The US has a huge gap between its needs and our ability to get anything done. (bloomberg.com)
- Suburban offices are making a comeback. (bloomberg.com)
Earlier on Abnormal Returns
- Startup links: a weird business. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: money as a tool. (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)