Excerpt: An excerpt from Scott Carney’s What Doesn’t Kill Us: How Freezing Water, Extreme Altitude and Environmental Conditioning Will Renew Our Lost Evolutionary Strength. (Quartz)
Quote of the Day
"Much of the financial damage done by cognitive decline results from late detection of problems. A decline in someone’s financial skills can be an early warning of dementia or other problems."
(Anonymous)
Markets
- Why some bubbles don't go bust. (ft.com)
- How much political risk can the markets take? (capitalspectator.com)
Strategy
- There are two big ways shorting a stock can fail. (beta.morningstar.com)
- Why you need a strong stomach and patience to succeed as an active investor. (dealbreaker.com)
Organizational Alpha
- An excerpt from Ben Carlson's new book "Organizational Alpha" on the challenge of active management. (cnbc.com)
- You can get "Organizational Alpha" at Amazon. (amazon.com)
Companies
Finance
- What's the worst-case scenario for the hedge fund industry? (valuewalk.com)
- How Steve Young uses his football celebrity to help run PE firm HGGC. (bloomberg.com)
- How indexing would be an antidote to many problems in pension fund management. (bloomberg.com)
Funds
- Five under the radar mutual funds. (beta.morningstar.com)
- Global TAA funds have had a rough go of it of late. (institutionalinvestor.com)
Offers
- You can get Clayton Christensen's "How Will You Measure Your Life?" for just $1.99 for the Kindle. (amazon.com)
- Amazon's most popular Kindle, the Paperwhite, is currently $20 off. (amazon.com)
- The new book by Derek Thompson, "Hit Makers: The Science of Popularity in an Age of Distraction" looks interesting. (amazon.com)
Global
Economy
Earlier on Abnormal Returns
- Podcast links: skewed data. (abnormalreturns.com)
- What you missed in our Thursday linkfest. (abnormalreturns.com)
- Startup links: silicon spillover. (abnormalreturns.com)
- Retail forex follies, revisited. (abnormalreturns.com)