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Quote of the Day
"Knowing your time horizon is important. But it’s more important to know how wide the range of normal variance is in your investing strategy, and only act when stuff falls outside of that range."
(Morgan Housel)
Chart of the Day

Repeat: Just think how much Vanguard has saved investors in fees over time?
Strategy
Companies
- Why tech stock valuations have come in. (theatlantic.com)
- Apple ($AAPL) keeps hiring people for job with "health" in the title. (media.thinknum.com)
Finance
Books
- The self-publishing lottery: Amazon ($AMZN) can turn unknowns into best-selling authors. (wsj.com)
- The 20 most popular Kindle titles of 2018. (media.thinknum.com)
Funds
Economy
- Weekly initial unemployment claims are stubbornly low. (calculatedriskblog.com)
- Falling labor force growth could be to blame for decreasing economic dynamism. (marginalrevolution.com)
Earlier on Abnormal Returns
- RIP, Jack Bogle. (abnormalreturns.com)
- Startup links: lonely investors. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: steering off course. (abnormalreturns.com)
- A Q&A with Daniel Crosby author of "The Behavioral Investor." (abnormalreturns.com)