Recommendation: Anti-Fragile: Things That Gain From Disorder by Nassim Taleb is one of Morgan Housel’s favorite go-to books. (Safal Niveshak)
Quote of the Day
"You need to go to places where the future is discussed. Every industry has these events. Make the time to go...Walk up and talk to people. Ask what they do. They’re there because they want to learn something too. "
(Andy Kessler)
Chart of the Day

The markets are not expecting a big (20%) move in either direction for the S&P 500.
Markets
- Richard Bernstein, "You cannot invest successfully..when you are crouched under your desk in a fetal position." (nytimes.com)
- Some charts that demonstrate how quickly the world is changing. (thereformedbroker.com)
- The markets are running out of dumb money to exploit. (priceactionlab.com)
Conferences
- Highlights from the 2nd annual Evidence-Based Investing Conference. (peterlazaroff.com)
- Notes from the 9th annual Invest For Kids Chicago conference. (marketfolly.com)
Sponsored link
Strategy
- The Presidential election cycle is pretty much bunk. (wsj.com)
- What happens if you only buy when the market is 'cheap'? (awealthofcommonsense.com)
Cryptocurrencies
- History has warnings for ICO investors. (bloomberg.com)
- Three trends that will affect the future of Bitcoin. (bloomberg.com)
- Open a Coinbase accounts, trade $100 in cryptocurrencies and get $10 Bitcoin free! (coinbase.com)
- You knew it was coming...a filing for a blockchain-focused ETF. (etf.com)
- Bitcoin is a energy hog. (newscientist.com)
Apple
- What is Apple's ($AAPL) durable advantage? (stratechery.com)
- Some early thoughts on the iPhone X. (kottke.org)
Offers
- "A Mind For Numbers: How to Excel at Math and Science (Even If You Flunked Algebra)" by Barbara Oakley is just $1.99 for the Kindle. (amazon.com)
- Buy 3 Echo (2nd Generation) devices, save $50 with code ECHO3PACK. (amazon.com)
- "Anything You Want: 40 Lessons for a New Kind of Entrepreneur" by Derek Sivers is just $1.99 for the Kindle. (amazon.com)
Earlier on Abnormal Returns
- ETF links: flipping the script. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
- Top clicks last week on the site. (abnormalreturns.com)