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Quote of the Day
"Once your TikTok feed is full of stock tips, it’s nearly impossible to get rid of them. Once you start following /r/WallStreetBets, you’re going to get the most sensational, clickbait posts bubbled to the top of your window..."
(Dave Nadig)
Chart of the Day

You can’t talk about GameStop, and the like, without noting the role of options trading.
Markets
- Online trading platforms are surging up the App Store chart. (cnbc.com)
- Why the meme-trading crowd won't stop with GameStop ($GME). (marker.medium.com)
- The stock market looks more and more like a video game. (compoundadvisors.com)
- This craziness doesn't seem to be filtering through the rest of the market. (pragcap.com)
- Look up reflexivity to help understand what's happening today. (axios.com)
- Information flow has reversed. (justinpaterno.com)
Strategy
- Why it's more difficult today to find analogies for today's markets. (ritholtz.com)
- Are there any pockets of value in the market today? (blog.validea.com)
- How time horizon affects your investment decision making. (behaviouralinvestment.com)
Publishing
- Do you really want to get your news from Nextdoor? (onezero.medium.com)
- Does Substack need to worry about Twitter ($TWTR)? (om.co)
- Journalism never existed, separate and apart, from business. (stratechery.com)
- Some newsletters are already outgrowing Substack. (axios.com)
Companies
- What GameStop ($GME) management should be doing today. (alephblog.com)
- Startups looking to solve problems for the average consumer are gaining traction. (news.crunchbase.com)
Funds
- Cathie Wood is becoming a household name. (lefsetz.com)
- When you talk about 'emerging markets' recognize that is not a static thing. (morningstar.com)
- The first psychedelics-focused ETF has launched in Canada. (finance.yahoo.com)
Ant Group
- Ant Group will turn itself into a financial holding company overseen by China’s central bank. (wsj.com)
- Ant Group is planning to sell biometric company EyeVerify (ft.com)
Economy
Earlier on Abnormal Returns
- Personal finance links: accepting your flaws. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: superior models. (abnormalreturns.com)
- When the hype fades: the case of thematic ETFs. (abnormalreturns.com)
- Tired of reading? Listen to your favorite bloggers read some their recent posts on 'The Goldmine.' (abnormalreturns.com)
- Are you a financial adviser looking for some out-of-the-box thinking? Then check out our weekly e-mail newsletter just for advisers. (newsletter.abnormalreturns.com)