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Quote of the Day
"A little debt can keep you away from distraction. It makes you think about backup plans, rainy day funds, and cutting bloat. There’s no way to learn the value of money without feeling the power of its scarcity, and a little debt is a constant reminder that you can’t get too comfortable."
(Morgan Housel)
Markets
- 20 bizonkers investing facts including: "The Dow gained 38 points in the 1970s." (theirrelevantinvestor.com)
- US yields are not bucking the global trend of lower rates. (twitter.com)
Finance
Netflix
- Netflix ($NFLX) is experimenting more with its scheduling practices. (slate.com)
- Does Netflix ($NFLX) have a branding problem? (variety.com)
Amazon
- Why does Amazon ($AMZN) hire so many PhD economists? (cnn.com)
- Eero is officially a part of Amazon ($AMZN). (wired.com)
Privacy
- Why WhatsApp's co-founder thinks you should delete Facebook ($FB). (buzzfeednews.com)
- You may be paying for 'free' tax prep with your privacy. (washingtonpost.com)
- We need better VPNs. (fastcompany.com)
Economy
- Weekly initial unemployment claims ticked higher. (calculatedriskblog.com)
- Has US growth stabilized? (capitalspectator.com)
- 20% of Americans say they have no long-term savings. (businessinsider.com)
Earlier on Abnormal Returns
- Startup links: big wins. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: sustainable average speeds. (abnormalreturns.com)
- Why we, as a society, need to be willing to pay for real news. (abnormalreturns.com)
- More evidence that our brains are ill-suited to investing. (abnormalreturns.com)
Mixed media
- The most influential books written by academics over the past 20 years including "The Better Angels of our Nature" by Steven Pinker. (chronicle.com)
- The tide has turned away from dystopian fiction. (wsj.com)
- A Q&A with Eric Topol MD author of "Deep Medicine: How Artificial Intelligence Can Make Healthcare Human Again." (nytimes.com)
