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Quote of the Day
"As a gambler, I know you can do everything right and still have to wait a long time to see positive results if luck is not on your side..."
(James Holzhauer)
Chart of the Day

How does the biggest company in the world add $286 billion in market cap in 73 trading sessions?
Markets
- On the relationship, as it were, between recessions and bear markets. (awealthofcommonsense.com)
- How trends act as 'cognitive priming.' (mrzepczynski.blogspot.com)
Skills
- Whether you are investing or playing Jeopardy you have to have a plan. (themarketcyclist.com)
- Michael Jordan and Magic Johnson: why certain skills aren't transferable. (theirrelevantinvestor.com)
- On the importance of cross-fertilizing your skills. (thesimpledollar.com)
- Want to write better? Pick up a pen and paper. (qz.com)
Companies
- Why Apple ($AAPL) settled with Qualcomm ($QCOM). (daringfireball.net)
- Twitter ($TWTR) still isn't optimizing its monetization. (330ramp.com)
- The future of consumer goods is personalization. (wsj.com)
IPOs
- Why the Zoom ($ZM) IPO is more interesting than Pinterest ($PINS) (ft.com)
- That being said, Pinterest ($PINS) had a nice opening pop. (nytimes.com)
- But nothing compared to Zoom ($ZM). (investors.com)
Funds
Economy
- Another week, another historically low weekly initial unemployment claims report. (calculatedriskblog.com)
- Some hard truths for 'inflation truthers.' (pragcap.com)
Earlier on Abnormal Returns
- Startup links: pitch memos. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: losing touch with reality. (abnormalreturns.com)