Markets

• Utilities are a notable laggard YTD. (stockcharts.com)
• Markets are still working through how the new tax law will affect corporate earnings. (dashofinsight.com)

Offers

• Sign up now to save your seat for the FundSeeder 2018 Virtual Trader Summit on February 8th. Speakers include: Joel Greenblatt, Jim Rogers, Jack Schwager and many more. (summit.fundseeder.com)

Crypto

• Bitcoin adherents really love to talk about Bitcoin...a lot. (wsj.com)
• The liquidity argument for Bitcoin ETFs. (bloomberg.com)

Hedge funds

• Smart hedge fund shrink their assets in order to maintain alpha. (wsj.com)
• Hedge fund assets ended 2017 with $3.2 trillion in AUM. (pionline.com)

Companies

• Why a bet on Amazon ($AMZN) opening HQ2 in the "DC area" makes sense. (bloomberg.com)

Kindle deals

• "The Woman Who Smashed Codes: A True Story of Love, Spies, and the Unlikely Heroine Who Outwitted America's Enemies" by Jason Fagone is just $2.99 for the Kindle. (amazon.com)
• "Hue 1968: A Turning Point of the American War in Vietnam" by Mark Bowden is just $1.99 for the Kindle. (amazon.com)
• "The Great Halifax Explosion: A World War I Story of Treachery, Tragedy, and Extraordinary Heroism" by John Bacon is just $2.99 for the Kindle. (amazon.com)
• "Indestructible: One Man's Rescue Mission That Changed the Course of WWII" by John Bruning is just $2.99 for the Kindle. (amazon.com)

Economy

• A succinct summary of the week's economic events. (ritholtz.com)
• The economic schedule for the coming week. (calculatedriskblog.com)

Earlier on Abnormal Returns

• Top clicks this week on the site. (abnormalreturns.com)
• Most pension funds have unrealistic return assumptions. What you the investor can do about it. (abnormalreturns.com)
• What you missed in our Saturday linkfest. (abnormalreturns.com)
• Longform links: open protcols. (abnormalreturns.com)

Mixed media

• How to fight the constant distraction that is a smartphone. (behavioralscientist.org)
• How to check your e-mail less. (timharford.com)

Top clicks this week

1. The case for having low equity allocations. (alephblog.com)
2. The S&P 500 hasn't been this overbought since 2013. (bloomberg.com)
3. The case for trend following is robust. (ofdollarsanddata.com)
4. Only one type of spending in retirement juices happiness. (money.cnn.com)
5. There are three levels of financial independence. (financialsamurai.com)
6. It's never different this time. (feld.com)
7. We spend way too much time hunting for the hot, new investment. (collaborativefund.com)
8. What the periodic table of asset class returns reminds us of. (awealthofcommonsense.com)
9. How to automate as much of your financial life as possible. (peterlazaroff.com)
10. How do you define Enough? (whitecoatinvestor.com)

Offer

• Sign up now to save your seat for the FundSeeder 2018 Virtual Trader Summit on February 8th. Speakers include: Joel Greenblatt, Jim Rogers, Jack Schwager and many more. (summit.fundseeder.com)

Also on the site

• Most pension funds have unrealistic return assumptions. What you the investor can do about it. (abnormalreturns.com)
• Dopamine hits and the power of defaults. (abnormalreturns.com)
• Our book link round-up from January 2018 including endorsements of Ray Dalio's "Principles: Life and Work." (abnormalreturns.com)