Quote of the Day
"Not all crashes are alike in their severity and duration and naming the market’s peak or bottom is tough. Therefore, the best bet is to prepare now for the next crash by owning a well-diversified portfolio that fits one’s time horizon and risk tolerance."
(Paul Kaplan)
Markets
- The small cap comeback is more impressive than the value comeback. (blog.validea.com)
- Rising prices doth not a bubble make. (time.com)
- Interest rates aren't just rising in the U.S. (allstarcharts.com)
Strategy
- The best way to learn about investing is to study other fields. (collaborativefund.com)
- Market narratives can change without a catalyst. (theirrelevantinvestor.com)
- Diversification seems to be working again, kinda, sorta. (awealthofcommonsense.com)
Crypto
- What you need to understand about the structure of the Grayscale Bitcoin Trust ($GBTC) . (etftrends.com)
- The Grayscale Bitcoin Trust ($GBTC) trade has collapsed as it goes from premium to discount. (bloomberg.com)
- The existence of new ways of investing in Bitcoin may help explain things. (21shares.com)
- Grayscale is trying to hire ETF specialists. (finance.yahoo.com)
SPACs
- The SEC, "It is never a good idea to invest in a SPAC just because someone famous sponsors or invests in it or says it is a good investment." (investor.gov)
- More SPACs mean more shareholder votes, which is a problem when individual investors dominate. (ft.com)
- Investors are now having to sort through all the publicly traded SPACs. (wsj.com)
Fund management
- If you can figure out this asset management tangle, good luck. (epsilontheory.com)
- Things don't often turn out well for the market's hot manager of the moment. (institutionalinvestor.com)
Streaming
- Disney+ ($DIS) has surpassed 100 million subscribers. (theverge.com)
- Disney ($DIS) knows something about ancillary revenues that Netflix ($NFLX) seemingly does not. (bloomberg.com)
- Launching a streaming service costs a lot of money - just ask NBCUniversal. (variety.com)
Earlier on Abnormal Returns
- Personal finance links: fighting lifestyle creep. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: emerging anomalies. (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)
