Sunday links: the best antidote

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Book review: Charles Duhigg’s Smarter, Faster, Better: The Secrets of Being Productive in Life and Business contains some “brilliant storytelling.” (Scientific American)

Quote of the day: Morgan Housel, “The best antidote to a world with low returns is to save more money…The simple answer no one wants to hear but is far more likely to help you is that everyone should be saving more money to make up for low returns. It’s advice that is as effective as it is hard to swallow.” (The Motley Fool)

Chart of the day: 

The bull market in everything: assets that hit all-time highs this week. (@MktOutperform)

Selected links:

No matter how you slice it a lot of assets are quite extended. (shortsideoflong.com)

There are three ways to make money in the markets: none of which are easy. (awealthofcommonsense.com)

Fidelity pivots to the passive side. (thereformedbroker.com)

Anatomy of a dud ETF. (beta.morningstar.com)

In life you need a compass, not a map. (medium.com)

You can read more links from this post at Abnormal Returns.

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