Quote of the Day
"Jumping ship during the height of the storm is the most common and costly mistake investors make."
(Blair duQuesnay)
Chart of the Day

Mortgage rates are volatile, but have been heading higher. (chart via Freddie Mac)
Strategy
- It's been a long time since you could say bonds were competition for stocks. (ritholtz.com)
- Mitigating risk in your portfolio always comes with a trade-off. (blog.validea.com)
International stocks
- Why you shouldn't hedge the currency exposure of international stocks. (monevator.com)
- This week shows why you need to mitigate your home country bias. (ft.com)
Finance
- A profile of startup investment research provider Tegus. (notboring.co)
- The best VCs know when to buy and when to sell. (hunterwalk.com)
Fund management
- Why cheap ETFs are tough competition for direct indexing. (investmentnews.com)
- Add muni bond ETFs to the near-0% expense ratio club. (thinkadvisor.com)
- The Hipgnosis Songs Fund is now trading at a discount to NAV. (ft.com)
Economy
- Weekly initial unemployment claims continue to trend lower. (bonddad.blogspot.com)
- Small employers are getting creative to hire new workers. (wsj.com)
Earlier on Abnormal Returns
- Longform links: trusting your instincts. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: a great irony. (abnormalreturns.com)
- Are you a financial adviser looking for some out-of-the-box thinking? Then check out our weekly e-mail newsletter. (newsletter.abnormalreturns.com)