Friday links: an unusual happening

Markets

• Using a broad measure of profits the stock market is not all that overvalued. (scottgrannis.blogspot.com)
• The S&P is an ever-changing mix of industries and stocks. (thereformedbroker.com)
• Another example of why predicting the future is a mug's game. (ftalphaville.ft.com)

Strategy

• Why (and when) value investing works. (morningstar.com)
• Noted value investor Monish Pabrai on how he utilizes investment checklists. (sumzero.com)
• Once you start looking power laws are everywhere in markets. (mrzepczynski.blogspot.com)

Support

• Stay up-to-date with all of our posts: sign-up for our daily e-mail. (abnormalreturns.com)
• Love Abnormal Returns? Then like (and follow) us on Facebook. (facebook.com)

Tesla

• How Elon Musk is harming Tesla ($TSLA) long-term. (aswathdamodaran.blogspot.com)
• Tesla ($TSLA) stock and bondholders are in a bit of a disagreement. (ftalphaville.ft.com)

Funds

• How custom baskets will change the ETF business. (etf.com)
• Have CTAs been too willing to accept equity market risk to the detriment of providing 'crisis alpha'? (institutionalinvestor.com)
• When everything is an index what does indexing even mean? (etf.com)

Economy

• America's shortage of truck drivers is becoming epic. (washingtonpost.com)
• Men and women's experience at work is diverging. (economist.com)
• Which would work better: universal basic income or universal jobs guarantee. (ft.com)

Earlier on Abnormal Returns

• Podcast links: big mistakes by smart investors. (abnormalreturns.com)
• What you missed in our Thursday linkfest. (abnormalreturns.com)
• Startup links: extreme winners. (abnormalreturns.com)

Mixed media

• It's a mistake to not take your vacation time. (bigthink.com)
• Why we all need a 'hard break' each week. (feld.com)