Quote of the Day
"Skills can be an investment, compounding as they grow. Expenses, on the other hand, fade away."
(Seth Godin)
Strategy
- Has the idea of long, drawn out bear markets been eliminated? (theirrelevantinvestor.com)
- Insights from Lee Freeman Shor’s “The Art of Execution: How the World's Best Investors Get it Wrong and Still Make Millions.“ (gavin-baker.medium.com)
Crypto
- How the cryptocurrency market is uniquely at-risk from adverse headlines. (howardlindzon.com)
- What will it take for Bitcoin to be widely considered as 'digital gold'? (ospreyfunds.io)
- What the Coinbase ($COIN) IPO represents for true crypto believers. (ft.com)
- Governments are not done regulating cryptocurrencies. (nytimes.com)
- Handicapping the race to a domestic Bitcoin ETF. (etf.com)
Companies
- Disney ($DIS) is still a big reopening play. (marketwatch.com)
- 15 things Spotify ($SPOT) has changed about the music business. (variety.com)
SPACs
- Chamath Palihapitiya has been the face of the SPAC boom. What happens now the boom is slowing? (finance.yahoo.com)
- New SPAC issuance has pretty much ground to a halt. (wsj.com)
Policy
- A shift away from capital to labor is underway. (ritholtz.com)
- What interventions are available to reduce wealth inequality over time? (awealthofcommonsense.com)
- Emergency savings vehicles are a valuable tool to help workers weather 'economic storms.' (morningstar.com)
- The shift away from religion in the U.S. is happening across demographics. (fivethirtyeight.com)
- A large percentage of Americans don't trust the quality of their tap water. (theconversation.com)
- America's mayors are leaving burned out by pandemic. (nytimes.com)
Economy
- The U.S. economy is going to go through fits and starts as it reopens. (wsj.com)
- A succinct summary of the week's economic events. (ritholtz.com)
- The economic schedule for the coming week. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Top clicks this week on the site. (abnormalreturns.com)
- What you missed in our Saturday linkfest. (abnormalreturns.com)
- Coronavirus links: large-scale logistics. (abnormalreturns.com)
- New wealth comes along with new found emotions. (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)
