E-MAIL ALERT: We have noticed an uptick in our daily e-mails getting caught in spam filters, especially for Yahoo e-mail addresses. If you haven’t received our daily e-mail digest in a while this may be the reason why. Please add newsletter-at-abnormalreturns.com (replace -at- with @) to your address book or whitelist. You may also need to re-subscribe. If so, head on over here. Thanks for your patience and assistance.
Quote of the Day
"Time is money, but learning new skills through hard work is time well spent. There is no substitute for hard work."
(@rampcapitalllc)
Markets
- Some weird stuff happens on the last trading day of the quarter. (quantifiableedges.com)
- Just how overbought are global markets? (capitalspectator.com)
- Negative yield corporate bonds are back in Europe. (ft.com)
- A real world example of how momentum has (not) worked of late. (morningstar.com)
Strategy
- Information that "requires immediate action" is rare indeed. (collaborativefund.com)
- How much private equity is TOO much? (mrzepczynski.blogspot.com)
- How much manager transparency is necessary to engage in effective due diligence? (researchpuzzle.com)
Airpods
- The second version of Airpods are better but still have some drawbacks. (theverge.com)
- Airpods are essentially unrepairable. (theverge.com)
Finance
- M&A volume was up in Q1 2019 but crossborder transaction volume declined. (ft.com)
- An Apple-branded, Goldman Sachs ($GS) backed credit card would have been unimaginable just a few years ago. (ft.com)
IPOs
- Lyft ($LYFT) is now a publicly traded company. (nytimes.com)
- On the similarities between today's Unicorns and the Dotcom bubble. (newyorker.com)
Real estate
- Time to think about re-financing your mortgage. (thebasispoint.com)
- You can buy a Spanish 'ghost village' on the cheap. (bloomberg.com)
Economy
- IPOs and home equity are two potential reservoirs of spending. (bloomberg.com)
- Why is US inflation so (persistently) low? (economist.com)
- Raise.the.gas.tax. (ritholtz.com)
Earlier on Abnormal Returns
- Podcast links: unfollowing your passion. (abnormalreturns.com)
- What you missed in our Thursday linkfest. (abnormalreturns.com)
- Startup links: a strong finance function. (abnormalreturns.com)
Introverts
- Introverts are good 'questionologists.' (quietrev.com)
- How introverts can better prepare for a job interview. (fastcompany.com)