Thursday links: taking a walk

Facebook

• Putting Facebook's ($FB) decline in context. (howardlindzon.com)
• Why Facebook's stock is tanking. (techcrunch.com)

Strategy

• Michael Batnick, "There's no edge in a single ratio." (theirrelevantinvestor.com)
• How regret, or a lack thereof, can be a sign to do some portfolio reconstruction. (morningstar.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)

Companies

• Just how much are American companies increasing capex? (bloomberg.com)

Finance

• Why private equity firms selling portfolio companies to other private equity firms is troubling. (institutionalinvestor.com)

Fund management

• Interval funds are a small but growing niche. (ft.com)
• Hedge funds are shaking up how they hire to increase diversity. (institutionalinvestor.com)

Global

• Why are wages rising in Europe but not in the US? (nytimes.com)
• How GDP growth can be misleading. (ftalphaville.ft.com)

Economy

• Weekly initial unemployment claims still suggest few layoffs. (calculatedriskblog.com)
• Some signs that the growth in the economy may be topping out. (crossingwallstreet.com)
• There is no productivity miracle hiding in the data. (wsj.com)
• Expect more "trade deals" from the President over time. (thereformedbroker.com)

Earlier on Abnormal Returns

• Startup links: massive value accretion. (abnormalreturns.com)
• The first law of finance is that there are no laws. (abnormalreturns.com)
• What you missed in our Wednesday linkfest. (abnormalreturns.com)
• Personal finance links: time is our ally. (abnormalreturns.com)

Mixed media

• How more breaks can help you from burning out. (bloomberg.com)
• Some evidence that a sit-stand desk actually does improve productivity. (fastcompany.com)
• Gratitude needs to be actively cultivated. (iheartwallstreet.com)