Excerpt: From Sarah Lacy’s A Uterus is a Feature, Not a Bug: A Woman’s Guide to Overthrowing the Patriarchy. (Wired)
Quote of the Day
"Employing a checklist is an acknowledgement of susceptibility and an expression of willingness to engage with the issues in a consistent and rigorous fashion."
(Joe Wiggins)
Chart of the Day

Three times the S&P 500 has doubled in ten years: each case felt very different. (via @morganhousel)
Markets
- Inflation talk is heating up. (thereformedbroker.com)
- Be wary of 'short bond' calls from the 'bong kings.' (themacrotourist.com)
- A look at why bond returns have become so hard to come by. (mrzepczynski.blogspot.com)
- The case for actively managed muni bonds. (blog.alliancebernstein.com)
Strategy
- On the power of 'asking why.' (mastersinvest.com)
- There are things you can do every year, regardless of market outlook, that will help your portfolio. (rpseawright.wordpress.com)
Crypto
- Kodakcoin? Really? (bloomberg.com)
- What attracts Millennials to cryptocurrencies? (ft.com)
- More signs the cryptocurrency space is getting crazy. (theatlantic.com)
- Bitcoin, and the like, have their biggest opportunity in developing states. (bloomberg.com)
- China is clamping down on Bitcoin mining operations. (wsj.com)
Companies
- Berkshire Hathaway ($BRKA) named two new vice-chairmen. (bloomberg.com)
- Here are the big open questions about Apple ($AAPL) in 2018. (aboveavalon.com)
Funds
- Take the idea that index funds reduce industry competition with a big grain of salt. (beta.morningstar.com)
- Mutual funds are pricing their stakes in so-called unicorns all wrong. (institutionalinvestor.com)
Support
- Love Abnormal Returns? Then like (and follow) us on Facebook. (facebook.com)
- Stay up-to-date with all of our posts: sign-up for our daily e-mail. (abnormalreturns.com)
- Get yourself (or someone you love) an annual membership. (abnormalreturns.com)
Global
Economy
- The US is awash in natural gas supplies. (bloomberg.com)
- The 2017 economic boom was driven in part by the prior shale bust. (bloomberg.com)
- Health care is now the biggest industry in America. (theatlantic.com)
- Female economists are forced to write more readable papers. (economist.com)
Earlier on Abnormal Returns
- Personal finance links: flirting with financial disaster. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: financial theory. (abnormalreturns.com)
- A (belated] New Year's resolution: get a bigger f*ck it bucket. (abnormalreturns.com)
- Newton's third law of personal finance. (abnormalreturns.com)