Review: Keep reading Jason Calacanis’ Angel:How to Invest in Technology Startups, it gets better after the first few chapters. (value and opportunity)
Quote of the Day
“Way too many analysts telling me they have 100 or 200 stocks they’re trying to cover...How many stocks can you cover and still generate alpha?”
(James J. Valentine)
Chart of the Day

Why are companies mentioning the word ‘competition’ less and less in their annual reports?
Markets
- The slope of the yield curve is just one factor in overall financial conditions. (scottgrannis.blogspot.com)
- Just how useful is macroeconomic timing in forecasting the stock market? (calculatedriskblog.com)
Strategy
Amazon
- Bose QuietComfort 25 Acoustic Noise Cancelling Headphones are at a huge discount. (amazon.com)
- "The Quants: How a New Breed of Math Whizzes Conquered Wall Street and Nearly Destroyed It" by Scott Patterson is just $1.99 for the Kindle. (amazon.com)
- Amazon Music Unlimited is now just $0.99 for the first three months. (amazon.com)
Companies
Support
- Stay up-to-date with all of our posts: sign-up for our daily e-mail newsletter. (abnormalreturns.com)
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- Love Abnormal Returns? Like us on Facebook. (facebook.com)
Global
Economy
- Weekly initial unemployment claims ticked up last week. (calculatedriskblog.com)
- Homebuilders are still pretty, darn confident. (calculatedriskblog.com)
- Why we need a better measure of economic activity than GDP. (ft.com)
Earlier on Abnormal Returns
- Startup links: only the winners. (abnormalreturns.com)
- Our big, bad book link round-up from November 2017 including looks at Victor Davis Hansen's "The Second World Wars: How the First Global Conflict Was Fought and Won." (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: a direct result of overconfidence. (abnormalreturns.com)