Quote of the Day
"Greed is every bit as uncontrollable as fear, it’s just activated by a different part of our brains. Greed and envy and FOMO are all toxic impulses. We must be always on our guard."
(Josh Brown)
Strategy
- Don't learn the wrong lessons from the Dotcom crash. (intrinsicinvesting.com)
- Insights from Charlie Munger's most recent Daily Journal ($DJCO) appearance. (novelinvestor.com)
- You can't be an expert in everything investment-related. (howardlindzon.com)
Crypto
- Once you own cryptocurrencies, online platforms want to help you earn a yield on them, but don't consider them 'savings accounts.' (wsj.com)
- Startup finance app Eco is built on stablecoins. (fortune.com)
Companies
- Trade Desk ($TTD) is gaining share in the online ad market relative to Goolge ($GOOGL). (wsj.com)
- Amazon ($AMZN) Air just keeps growing. (axios.com)
- Is soon-to-be Compass a tech company? (fortune.com)
- Sportradar is going public via a SPAC. (sportico.com)
Finance
- A list of the 100 most influential women in finance. (barrons.com)
- The CFA Institute is undergoing a round of layoffs. (ft.com)
- Goldman Sachs ($GS) has seen an unusual amount of turnover in its senior ranks. (nytimes.com)
Profiles
- A big profile of Cathie Wood of ARK Invest. (marketwatch.com)
- How Chamath Palihapitiya harnessed the power of SPACs and the retail trading boom to stardom. (wsj.com)
Supply chains
- The global shipping industry is facing all manner of disruptions. (nytimes.com)
- Companies are guessing about what post-pandemic demand will look like. (wsj.com)
Wages
- Why so many businesses are putting a $15 minimum wage in the rearview mirror. (wsj.com)
- In areas where Amazon ($AMZN) operates wages soon follow (higher). (nytimes.com)
- WFH is a widespread reality but workers not longer have access to home office tax deduction. (washingtonpost.com)
- Results from the Stockton UBI experiment show participants were "healthier, happier, and less anxious than their counterparts in the control group." (theatlantic.com)
Stimulus
- What you need to know about how the stimulus will affect your bottom line. (nytimes.com)
- The employment situation is worse than the unemployment rate shows. (calculatedriskblog.com)
- A stimulus check calculator. (washingtonpost.com)
Inflation
- Just how much have inflation expectations risen? (econbrowser.com)
- A short-term rise in inflation seems inevitable. The question is what happens after that? (awealthofcommonsense.com)
Housing
- How remote work will change where Americans live. (wsj.com)
- America's housing markets are not all moving in lockstep. (theatlantic.com)
- The housing economy is K-shaped as well. (marketwatch.com)
Economy
- Why this recession was so different relative to history. (theirrelevantinvestor.com)
- Economic forecasters are all about mean-reversion. (econbrowser.com)
- A succinct summary of the week's big economic events. (ritholtz.com)
- The economic schedule for the coming week. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Top clicks last week on the site. (abnormalreturns.com)
- What you missed in our Saturday linkfest. (abnormalreturns.com)
- Coronavirus links: whatever vaccine available. (abnormalreturns.com)
- March ESG links: sustainable momentum. (abnormalreturns.com)
- Are you a financial adviser looking for some out-of-the-box thinking? Then check out our weekly e-mail newsletter. (newsletter.abnormalreturns.com)
