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Quote of the Day
"It took less than 30 days for most people to go from having never heard of Covid-19 to it upending their life."
(Morgan Housel)
Markets
Intangible assets
- The rising importance of intangible assets has all sort of implications for markets and the economy as a whole. (msn.com)
- You can't talk about overall market valuations without taking the rise of intangibles into account. (ritholtz.com)
Crypto
- Paypal ($PYPL) is going to start allowing customers to hold cryptocurrencies in their accounts. (reuters.com)
- A real life example of how Bitcoin can work. (blog.validea.com)
- The Google ($GOOGL)-Apple ($AAPL) relationship is at the center of the Justice Department's anti-trust case. (stratechery.com)
- You likely rely on Google ($GOOGL) more than you think. (nytimes.com)
Retail
- How the pandemic has changed how we work and spend money. (morningstar.com)
- The pandemic reinforced the position of 'category leading brick and mortar retailers.' (medium.com)
- The pandemic has forced Amazon's ($AMZN) competitors to hurry up. (theirrelevantinvestor.com)
Finance
- WFH is a compliance nightmare for Wall Street firms. (bloomberg.com)
- Fintech has been all about unbundling. Maybe the rebundling phase is finally here. (news.crunchbase.com)
Air travel
- Growing airline traffic is a good sign for the economy. (bloomberg.com)
- United Airlines ($UAL) is testing the CommonPass program to boost international travel. (marketwatch.com)
- How American Airlines ($AAL) became that ‘ugh’ carrier. (texasmonthly.com)
- Face mask rules are commercial flights are being evaded with regularity. (wsj.com)
Earlier on Abnormal Returns
- Personal finance links: understanding enough. (abnormalreturns.com)
- When it comes to the stock market don’t underestimate the power of ‘learning by doing.’ (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: crash probabilities. (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)
