Endorsement: Tim Harford writes “Soonish: Ten Emerging Technologies That’ll Improve and/or Ruin Everything by Kelly and Zach Weinersmith, a book I was happy to endorse. ” (Tim Harford)
Quote of the Day
"Getting rich requires the willingness to take big risks. Staying rich requires the paranoia to avoid big risks."
(Morgan Housel)
Chart of the Day

US stocks performed best among major asset classes in November.
Strategy
- It's hard NOT to have capital gains this year. What to do next. (bloomberg.com)
- Investing success comes down to to simple decisions. (validea.com)
- Earning a lot of money at an early age i both a blessing and a curse. (awealthofcommonsense.com)
Crypto
- "Getting out of an illiquid asset—as this week, when exchanges struggled to cope with trading volumes—can be harder than getting into it." (economist.com)
- Bitcoin is "an electronic version of gold." (johnhcochrane.blogspot.com)
- It's difficult to point to real value-added in the ICO space. (ftalphaville.ft.com)
- Cryptocurrency-related job listings are surging on LinkedIn. (bloomberg.com)
- Bitcoin futures are coming December 18th. (cnbc.com)
Companies
Finance
Funds
Support
- Stay up-to-date with all of our posts: sign-up for our daily e-mail newsletter. (abnormalreturns.com)
- Want to support Abnormal Returns? Get yourself (or someone you love) an annual membership. (abnormalreturns.com)
- Love Abnormal Returns? Like us on Facebook. (facebook.com)
Economy
- Why markets are going to miss Janet Yellen. (bloomberg.com)
- A flattening yield curve should give the Fed pause. (economist.com)
- Are we overstated the US' oil and gas reserves? (bloomberg.com)
Earlier on Abnormal Returns
- Podcast links: crisp challenges. (abnormalreturns.com)
- The top ten books Abnormal Returns readers purchased at Amazon in November 2017. (abnormalreturns.com)
- What you missed in our Thursday linkfest. (abnormalreturns.com)
- Startup links: SPAC speculation. (abnormalreturns.com)