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Quote of the Day
"Being with the right people brings out the best in us. Being with the wrong people--or being isolated from people--leaves our many of our strengths dormant."
(Brett Steenbarger)
IPOs
- 2019 was supposed be a big year for IPOs. Investor were disappointed. (wsj.com)
- If you look beyond the headline IPOs, things are okay in IPO-land. (ft.com)
Strategy
- Want to do better in 2020? Raise your savings (and investment) rate. (thereformedbroker.com)
- Reasons why you should be skeptical of private equity performance numbers. (evidenceinvestor.com)
- What constitutes an asset class? (blogs.cfainstitute.org)
Retrospectives
Companies
- 2019 was not the most eventful year for Berkshire Hathaway ($BRK.A). (bnnbloomberg.ca)
- 2019 was the year of the Apple ($AAPL) AirPods. (businessinsider.com)
- How Netflix ($NFLX) completely transformed the media industry this past decade. (finance.yahoo.com)
Business
- Online ad fraud is rampant. (ft.com)
- Juul is having a hard time getting its employees to stop vaping at work. (wsj.com)
- Taxes are a big reason why private jets are flying off the shelf. (nytimes.com)
Hedge funds
- Hedge funds are paying up to hire new quant talent. (wsj.com)
- Distressed debt investors are setting up shop in China as defaults rise. (ft.com)
- 2019 was not a great year for European-focused hedge funds. (wsj.com)
The American West
- Why more people are leaving California. (nytimes.com)
- In New Mexico, Spaceport America is preparing for a space tourism boom. (theverge.com)
- Someone is flying packs of drones over Colorado at night. (thedrive.com)
Earlier on Abnormal Returns
- Adviser links: the gold standard. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
- Top clicks last week on the site. (abnormalreturns.com)
