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Quote of the Day
"Getting hooked on an endless scroll of media inputs is not the same as being informed."
(Seth Godin)
Markets
- Silver prices have jumped along with gold, YTD. (axios.com)
- How China's stock market rally differs from 2015. (nytimes.com)
Strategy
- Be wary when anyone says they have found a safe, higher-yielding alternative to bonds. (theirrelevantinvestor.com)
- Warren Buffett should be recognized for a lot more than his track record. (blog.validea.com)
Elon Musk
- Why Tesla ($TSLA) joining the S&P 500 would be a big deal. (wsj.com)
- Everybody's talking about Tesla ($TSLA), but how much is Elon Musk's other company, SpaceX, worth? (barrons.com)
Pershing Square
- Bill Ackman's SPAC, Pershing Square Tontine Holdings ($PSTH), is now on the prowl for a deal. (barrons.com)
- Ackman's firm is not taking any compensation from the SPAC. (markets.businessinsider.com)
Venture
- How you can categorize VCs on specialization and stage. (nbt.substack.com)
- Capital continues to flow into alternative meat and dairy startups in pandemic. (fastcompany.com)
- Kibbo aims to upgrade the American trailer park, post-pandemic. (techcrunch.com)
- Why VCs mark their portfolios at different valuations. (wsj.com)
Funds
- How much of the surge in the price of silver due to ETF demand? (etf.com)
- The pandemic is going to induce a number of startup asset managers. (institutionalinvestor.com)
News
- The Drudge Report no longer drives traffic like it used to, but it is still a big deal. (axios.com)
- There is a ready market for journalists who want to make a name for themselves as pandemic-truthers. (nytimes.com)
- Substack is in some ways rebundling the newsroom. (axios.com)
- Doom scrolling is the opposite of getting informed. (seths.blog)
Earlier on Abnormal Returns
- Personal finance links: understanding the basics. (abnormalreturns.com)
- Some recent tweets on the financial freedom culled from the hellscape we call Twitter. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: diversifiable risks. (abnormalreturns.com)
- Finding better ways to care for your clients and yourself: why you should sign up for our new weekly adviser-focused e-mail. (abnormalreturns.com)
