List: The ten best thrillers of 2017 including Katie Kitamura’s A Separation. (Vulture)
Quote of the Day
"The opening of Zen and the Art of Motorcycle Maintenance" always pulls me in."
(Tom Brakke)
Chart of the Day
The rally in technology socks has made the major global indices more tech-heavy.
Markets
- The muni bond market is taking a breather headed into year-end. (bloomberg.com)
- A look at just how calm the stock market was in 2017. (jlfmi.tumblr.com)
- Mean reversion is not the same thing as contrary thinking. (mrzepczynski.blogspot.com)
- Market patterns change. (priceactionlab.com)
Strategy
- In praise of FinTwit community. (thefinancialbodyguard.com)
- How to use a blog as a creative resource in your trading. (traderfeed.blogspot.com)
- How Peter read more books in 2017 including "A Man for All Markets" by Ed Thorp. (peterlazaroff.com)
Support
- Want to support Abnormal Returns? Get yourself (or someone you love) an annual membership. (abnormalreturns.com)
- Stay up-to-date with all of our posts: sign-up for our daily e-mail. (abnormalreturns.com)
- Love Abnormal Returns? Then like (and follow) us on Facebook. (facebook.com)
Companies
- For Facebook ($FB), 2018 is going to be a big fight about its reputation. (axios.com)
- Fred Wilson, "We have a digital advertising duopoly." (avc.com)
Finance
- "Appraisal arbitrage" is going to be more difficult moving forward. (ft.com)
- The US could learn a lot about how Netherlands handles pensions. (bloomberg.com)
Crypto
- Patrick Runyen, "Unlike stocks or corporate bonds, it is not clear that bitcoins offer investors positive expected returns." (independenceadvisors.com)
- Matt O'Brien, "Bitcoin is Schrödinger's bubble: It is simultaneously inflating and deflating, depending on how quickly an observer can click refresh." (washingtonpost.com)
- Open a Coinbase account, trade $100 in crypto and get $10 in Bitcoin free. (coinbase.com)
Funds
- No matter how you slice it, 2017 was a great year for fund performance. (beta.morningstar.com)
- Whatever alpha long-short equity mutual funds generate gets eaten up by fees (and more). (beta.morningstar.com)
Economy
- Five questions for the Fed in 2018. (bloomberg.com)
- Ten economic questions for 2018. (calculatedriskblog.com)
- Why technology hasn't unleashed (yet) a general economic boom. (wsj.com)
Earlier on Abnormal Returns
- Startup links: fast followers. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: your time and comfort. (abnormalreturns.com)
