Q&A: With Daniel Pink about his new book When: The Scientific Secrets of Perfect Timing. (Washington Post)
Quote of the Day
"There is a big difference between being right about something and being right about when something will happen."
(Fred Wilson)
Rates
- There's a big difference between a move up in yields to the top of the range and 'bondmageddon.' (institutionalinvestor.com)
- Not that is matters, but when did rates bottom? (thereformedbroker.com)
- On the difference between nominal, real and breakeven rates. (themacrotourist.com)
Strategy
- Remember when everyone was worked up about Trump's tweets about companies? Good times... (bloomberg.com)
- Don't ask a random person on Twitter whether it's 'time to sell.' (howardlindzon.com)
Financial media
- Why the media hangs on every word of big investors. (thereformedbroker.com)
- A good list of investment people to follow on Twitter. (irrationalinvestors.com)
- These are the 'Top Investing Blogs of 2017/2018.' (foxytrades.com)
Crypto
- Bitcoin has attracted a big swath of crypto-competitors. (economist.com)
- Izabella Kaminska, "What blockchain is thus lies entirely in the eye of the developer." (ftalphaville.ft.com)
- Bitcoin is a "early stage equity investment in a decentralized payment system" not a savings vehicle. (pragcap.com)
Finance
Funds
- Were PureFunds' popular ETFs 'stolen'? (wsj.com)
- Reps at discount brokers don't work on commissions but they affected by incentives. (wsj.com)
Support
- 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)
- Love Abnormal Returns? Then like (and follow) us on Facebook. (facebook.com)
Global
Minimum wage
- Wal-Mart ($WMT) is raising its minimum wage to $11/hour. (money.cnn.com)
- On the danger or raising minimum wage rates too quickly. (bloomberg.com)
Economy
- Weekly initial unemployment claims increased last week. (calculatedriskblog.com)
- Weekly initial unemployment claims seem to have bottomed: take heed. (twitter.com)
- Oil prices are up 19% year-over-year. (calculatedriskblog.com)
- Justin Fox, "The past 10 years have seen a weak recovery after a brutal recession. But hey, at least that recovery is still going." (bloomberg.com)
Earlier on Abnormal Returns
- Startup links: incremental improvements. (abnormalreturns.com)
- These are the 'Top Investing Blogs of 2017/2018.' (foxytrades.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: flirting with financial disaster. (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)
