Markets

• Current market breadth is not all that unusual historically. (bloomberg.com)
• The case for overweighting European stocks. (thereformedbroker.com)

Strategy

• There are still a few barriers to entry in the investment business. (awealthofcommonsense.com)
• Monish Pabrai on the mistake of selling Ferrari ($RACE) too soon. (valuewalk.com)

Site stuff

• An annual membership not only helps support Abnormal Returns but clues you in on perks including a weekly members-only e-mail. (abnormalreturns.com)
• Check out this week's sponsor Validea.com whose factor-based models use the strategies of Lynch, Buffett, Graham and other Legendary Investors. Abnormal Returns readers get an exclusive discount subscription offer. (validea.com)

Companies

• A closer look at the evolution of the Apple ($AAPL) iPhone. (aboveavalon.com)
• Patent trolls lost a big case. (washingtonpost.com)

Funds

• The active-passive debate is really all about fees. (mebfaber.com)
• Man cannot live on passive alone. (seeitmarket.com)

ESG

• ESG is coming to the bond market. (bloomberg.com)
• Some key ESG (growth) trends. (blog.williamblairfunds.com)

Offers

• The Amazon ($AMZN) Echo Dot is currently $10 off. (amazon.com)
• You can now get $10 off of a new Amazon Music Unlimited subscription with the promo code 'MOREMUSIC.' (amazon.com)
• Buy two of the new Echo Shows and get $100 off with the promo code 'SHOW2PACK.' (amazon.com)

Economy

• The Chemical Activity Barometer increased in May. (calculatedriskblog.com)
• The Trump factor: lower tourism figures. (kottke.org)

Earlier on Abnormal Returns

• Personal finance links: aiming to achieve. (abnormalreturns.com)
• What you missed in our Tuesday linkfest. (abnormalreturns.com)
• Research links: offsetting biases. (abnormalreturns.com)
• The mononational ETF business opportunity. (abnormalreturns.com)

Mixed media

• Facts are not the antidote of doubt. (sethgodin.typepad.com)
• How to combat confirmation bias. (farnamstreetblog.com)

Robo-advisors

• Only a handful of standalone robo-advisors will survive. (businessinsider.com)
• The robo-advisors are pushing up-market. (bloomberg.com)

401(k) plans

• Why do employers kick people out of their [401(k)] plans in this way? (nytimes.com)
• What's the difference between a 401(k) and 403(b) plan? (thebillfold.com)

Sponsored link

• Validea.com: Building model portfolios using the strategies of Buffett, Lynch, Graham and other investing greats since 2003. Exclusive discount offer for Abnormal Returns readers. (validea.com)

Millennials

• It's not surprising Millennials are thrifty. (bloomberg.com)
• Why many Millennials aren't worked up about working full-time. (financialsamurai.com)

Advisory

• The fiduciary rule is happening. (wsj.com)
• What new graduates need to know before entering wealth management. (forbes.com)
• The advisory industry is having a hard time recruiting new employees. (investmentnews.com)
• How Michael Kitces built his empire by giving away content. (kitces.com)

Simplification

• In praise of simplifying your portfolio, especially fee-wise, in retirement. (danielsolin.com)
• How can you go about simplifying your finances? (wallstreetphysician.com)
• Lower your fees. (danielsolin.com)

Personal finance

• How your funded status should affect your asset allocation in retirement. (retirementresearcher.com)
• Sometimes your financial plan gets thrown out the window. (awealthofcommonsense.com)
• 5 reasons to NOT retire early. (whitecoatinvestor.com)
• There's only two things to spend your money on. (forbes.com)
• Platinum credit cards are about prestige as much as perks. (luskin.ucla.edu)
• Five great personal finance blogs. (humbledollar.com)