Quote of the Day
"Success breeds competition and nothing attracts a crowd like a crowd."
(Josh Brown)
Chart of the Day
On the relationship between active share and expense ratios.
Strategy
- Most investors are not good communicators. Why that is a problem. (collaborativefund.com)
- Why so much of what we read in investing is noise. (evidenceinvestor.co.uk)
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)
- Support Abnormal Returns with an annual membership and get access to exclusive stuff. (abnormalreturns.com)
Crypto
- A profile of Michael Novogratz and how his bet on crypto pulled him out of semi-retirement. (newyorker.com)
- Big investors continue to experiment trading cryptocurrencies. (fortune.com)
- Bitcoin is not cash and never was. (themaven.net)
Finance
- The credit card signature is going by the wayside. (nytimes.com)
- PayPal ($PYPL) is looking more and more like a traditional bank. (wsj.com)
Funds
- Portable alpha is back, baby! (institutionalinvestor.com)
- Complexity is not a net-winner for bond funds. (etf.com)
- Bill Ackman was lucky to raise his public vehicle when he did. (institutionalinvestor.com)
Economy
- Worker shortages are hitting a range of industries. (ft.com)
- What you can learn about American cities by who is coming (and going). (slate.com)
- How the "baby window" affects women's pay relative to men. (nytimes.com)
Earlier on Abnormal Returns
- ETF links: securities lending revenue. (abnormalreturns.com)
- ESG links: impact investing. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
- We just finished another successful week of Blogger Wisdom. See our wrap-up post here. (abnormalreturns.com)
Mixed media
