News Summary

• Wednesdays are all about personal finance here at Abnormal Returns.
• You can check out last week’s links including a look at who gets rich, and how, in America.
• Quote of the Day: "People have always thrown parties to signal status, but it feels like more and more of ordinary life requires an event.
• And the event increasingly requires a concept, an aesthetic, and a considerable amount of money." Abnormal returns has brought the best of the finance and investment blogosphere to its readers.