Thursday links: remaining relevant

Markets

• The stock market is not being driven by a handful of stocks, at least historically. (awealthofcommonsense.com)
• It's hard to find negative sentiment out there. (disciplinedinvesting.blogspot.com)

Strategy

• There's no such thing as a perfect investment strategy. (blog.validea.com)
• Why curiosity is such a valuable trait for portfolio managers. (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)

Crypto

• If you have jumped on the Bitcoin bandwagon, what comes next? (blogs.cfainstitute.org)

Companies

• Juuling is a verb. This is why the e-cigarette maker Juul is valued at $15 billion. (dealbreaker.com)
• Netflix ($NFLX) has been consistent in its approach to customers over its life. (intrinsicinvesting.com)
• Google ($GOOGL) Wing and Loon are now standalone companies. (nytimes.com)
• Hurray! Apple ($AAPL) just announced new Macbook Pro laptops. (theverge.com)

Finance

• A look at the companies that have jacked up their debt levels in the last five years. (bloomberg.com)
• Private equity 'dry powder' has doubled in the past six years. (blogs.wsj.com)
• Why the growth in the BBB-corporate bond market is worrisome. (ftalphaville.ft.com)

Funds

• The purveyors of passive investment have pulled off a neat trick. (investwithanedge.com)
• The index revolution is making headway in Europe. (evidenceinvestor.co.uk)
• Morningstar ($MORN) continues to horn in on the asset management business. (ft.com)

Global

• To have a view on emerging markets, requires having a view on China. (morningstar.com)
• The Swiss franc is still the most expensive currency in the Big Mac Index. (economist.com)

Economy

• Weekly initial unemployment claims are still sitting at historical lows. (calculatedriskblog.com)
• Consumer price inflation is at a 6-year high. (crossingwallstreet.com)
• New Home Sales is an "excellent leading indicator." (calculatedriskblog.com)
• Given worker shortages, why are wages not rising faster? (theguardian.com)

Earlier on Abnormal Returns

• Startup links: sticky stakeholders. (abnormalreturns.com)
• What you missed in our Wednesday linkfest. (abnormalreturns.com)
• Personal finance links: the meaning of money. (abnormalreturns.com)

Mixed media

• $1 million is the new entry point for luxury homes. (bloomberg.com)
• Don't feel bad, everyone's brains slows down in the heat. (bigthink.com)
• It's hard finding anything good to say about open office plans. (m.signalvnoise.com)