Book notes: Five helpful insights on getting things done from Bernard Roth’s The Achievement Habit. (Fast Company)
Quote of the Day
"When making investing decisions, we should spend more time asking, "Does this help improve my actual returns?" rather than, "Did I match or outperform a benchmark?" The former is the only one that measures real-world progress for most investors."
(Morgan Housel)
Strategy
- Ben Carlson, "Nothing good can come from constantly stressing out about things are are out of your control." (awealthofcommonsense.com)
- V-bottoms are tough to trade. (fmdcapital.com)
Offers
- Download the Kindle app and start reading on any device today. (amazon.com)
- Amazon Prime keeps adding features. Join for a 30-day trial and experience it all. (amazon.com)
- Join Amazon Kindle Unlimited for a 30-day trial and read to your heart's content. (amazon.com)
Finance
Funds
- John Authers, "What should fund managers do? Cut their fees as much as possible, have the courage of their convictions, and act as though they do." (next.ft.com)
- Data-mining has never been easier. (institutionalinvestor.com)
- ETFs reflect current conditions, they don't dictate them. (next.ft.com)
Economy
- Weekly initial unemployment claims continue to trend at low levels. (calculatedriskblog.com)
- A redacted version of the March FOMC statement. (alephblog.com)
Earlier on Abnormal Returns
- Longform links: beating writer's block. (abnormalreturns.com)
- Guest post: Why Estimize created Forcerank, the Fanduel for the stock market. (Promo code included!) (abnormalreturns.com)
- A new Essential Listening is up with episodes on with talks on stubborn hedgies, the $AMZN Echo. (blogs.cfainstitute.org)
- Index investing: micro-efficient AND macro-inefficient? (abnormalreturns.com)
- What you may have missed in our Wednesday linkfest. (abnormalreturns.com)