Review: Derek Thompson’s Hit Makers: Why Things Become Popular should be read for “insight and provocation.” (FT
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Quote of the Day
"Moving money out of stocks because you need it within the next few years and can’t stomach that kind of risk is one thing. But making a move just because you lack confidence in President Trump could be a case of letting ideology trump investing discipline."
(Neil Irwin)
Chart of the Day
Yields have been rising. Real yields are a different story.
Strategy
- Why every 5% dip feels like a bear market. (theirrelevantinvestor.com)
- The January edition of the Graham and Doddsville newsletter Guy Shanon and Michael Blitzer of Kingstown Capital. (marketfolly.com)
Companies
- Why Apple ($AAPL) would do well to ignore the investment bankers. (daringfireball.net)
- Eric Jackson with four reasons to avoid the Snap ($SNAP) IPO. (soundcloud.com)
Berkshire Hathaway
- WTF is Warren Buffett doing with Apple ($AAPL) and airlines?!? (thereformedbroker.com)
- Warren Buffett thinks money managers charge too darn much. (bloomberg.com)
- Why Berkshire Hathaway ($BRKA) never split its stock. (blogs.wsj.com)
Offers
- "Billions" is back for Season 2! Sign-up for a free-trial for Showtime at Amazon Channels. (amazon.com)
- You can pre-order "Stealing Fire: How Silicon Valley, the Navy SEALs, and Maverick Scientists Are Revolutionizing the Way We Live and Work" by Steven Kotler and Jamie Wheal. (amazon.com)
- Students can get a six-month trial to Amazon Prime. What do you have to lose? (amazon.com)
Finance
- What is SoftBank doing with Fortress Investment Group ($FIG)? (wsj.com)
- Welcome to Greenwich, China. The village where China's hedge funds reside. (bloomberg.com)
Funds
- Should you bother with a tax-managed fund? (beta.morningstar.com)
- Fund flows and the overvaluation of smart beta strategies. (bloomberg.com)
- Why did Morgan Stanley ($MS) put inverse ETFs in a retirement account? (blogs.barrons.com)
Economy
- Gregor Macdonald, "US economic growth has quite effectively decoupled from “growth” in energy consumption." (medium.com)
- Americans are pretty stressed out. (bloomberg.com)
- Weekly initial unemployment claims continue to trend at historically low levels. (calculatedriskblog.com)
- TIPS implied inflation continues to rise. (capitalspectator.com)
Earlier on Abnormal Returns
- Startup links: leading with price. (abnormalreturns.com)
- My Q&A with Ben Carlson author of "Organizational Alpha: How to Add Value in Institutional Asset Management." (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: sophisticated and fancy sounding. (abnormalreturns.com)
- Our February round-up looking at the past month's book-related items. (abnormalreturns.com)







