Are you already signed up for our daily e-mail newsletter? Great, but did you know that we just launched an adviser-focused e-mail on Fridays? Now you do. Sign up here!
Quote of the Day
"Investments that don’t work haunt me. It isn’t the losing money part. I have learned to live with that. It comes with the territory in VC. It’s the losing part that haunts me. The what could have been part. The “if only we had done it differently” part."
(Fred Wilson)
Markets
- How externalities upend the financial system from time to time. (ritholtz.com)
- It's hard not to think that the nature of markets has changed. (awealthofcommonsense.com)
- Is it time to bury the small cap effect once and for all? (ft.com)
Crypto
Companies
- Business at Home Depot ($HD) is booming in pandemic. (wsj.com)
- Streaming services are now in charge in Hollywood and they do business differently than before. (nytimes.com)
- Casino companies are doing anything they can to move operations online. (wsj.com)
Bicycles
- Bicycle shops have little or no inventory at this point. (npr.org)
- Bicycle manufacturer Giant is struggling to keep up with demand. (nytimes.com)
- The e-bike boom in Europe is not a coincidence. (reasonstobecheerful.world)
Fund management
- Why would anyone want the hassle of heading a big public, pension fund? (thereformedbroker.com)
- If you want to launch a new ETF these days, better have a 'snappy' ticker. (msn.com)
Global
- Why Hong Kong is unlikely to lose its status as a financial hub any time soon. (qz.com)
- Scandinavian children are going back to school despite rising case counts. (ft.com)
Economy
- Checking in on eight high frequency economic indicators. (calculatedriskblog.com)
- Dental care is rebounding, for now. (axios.com)
Earlier on Abnormal Returns
- Adviser links: questions vs. answers. (abnormalreturns.com)
- What you may have missed in our Sunday linkfest. (abnormalreturns.com)
- What everyone was reading last week on the site. (abnormalreturns.com)
- Every Friday I send out five links for advisers to help them think a little differently about the world. Sign up now! (newsletter.abnormalreturns.com)
