Recommendation: Stalin: Waiting for Hitler, 1929-1941 by Stephen Kotkin is “definitely recommended.” (Marginal Revolution)
Quote of the Day
"The only thing that matters is how you choose to react as an investor and what your plan of attack is going into a disaster."
(Ben Carlson)
Strategy
- Why the stock market is giving tech the benefit of the doubt. (bloomberg.com)
- When compounding gets interrupted. (fortunefinancialadvisors.com)
Companies
Sponsored link
Finance
- Muni bond trading is going increasingly electronic. (bloomberg.com)
- Are peer-to-peer loans really serving an unmet need? (dealbreaker.com)
- What is Apple ($AAPL) Pay Cash? (valuewalk.com)
- The Paradise Papers show tax avoidance is a widespread, global phenomenon. (economist.com)
Fund management
- A profile of Victor Haghani a proponent of index fund investing. (wsj.com)
- Strategic allocation funds serve their investors well. (beta.morningstar.com)
- So where are the women in alternative investing? (institutionalinvestor.com)
- The sad story of the world's worst mutual fund. (longreads.com)
Kindle offers
- "Real Artists Don't Starve: Timeless Strategies for Thriving in the New Creative Age" by Jeff Goins is just $1.99 for the Kindle. (amazon.com)
- "The Nest" by Cynthia D'Aprix Sweeney is just $1.99 for the Kindle. (amazon.com)
- "Dreaming the Beatles: The Love Story of One Band and the Whole World" by Rob Sheffield is just $2.99 for the Kindle. (amazon.com)
Economy
- The prime working age population is nearing 2007 highs. (calculatedriskblog.com)
- How much attention is the Fed going to pay to the unemployment rate? (bloomberg.com)
Earlier on Abnormal Returns
- Podcast links: think tank economics. (abnormalreturns.com)
- Compelling outcomes come from compounding. (abnormalreturns.com)
- What you missed in our Thursday linkfest. (abnormalreturns.com)
- Startup links: an inexpensive form of insurance. (abnormalreturns.com)
- A Q&A with Tobias Carlisle author of "The Acquirer’s Multiple: How the Billionaire Contrarians of Deep Value Beat the Market." (abnormalreturns.com)
Mixed media
- Jason Kottke, "How do you accomplish your work but also leave ample time for letting your creative mind off the leash?" (kottke.org)
- Twitter ($TWTR) is willfully wrecking its 'unique selling proposition' with 280 characters. (daringfireball.net)
- Luck plays a huge role in our lives. (scientificamerican.com)
