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Quote of the Day
"Being a VC is like taking a walk from Boston to San Francisco."
(Eric Paley via Brad Feld)
Chart of the Day
It’s hard not to be awed by the $100 billion+ drop in Facebook ($FB) stock today.
- 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
Finance
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)
