Quote of the Day
"Bubbles are the inevitable outcome of human nature."
(William Bernstein)
Markets
- Just because the stock market is at all-time highest doesn't all stocks are. (awealthofcommonsense.com)
- The Dow is off to one of its best starts to the year in history. (sentimentrader.com)
- Corn prices are soaring. (wsj.com)
Valuations
- It's hard to see how U.S. equity market returns over the next decade match the past decade. (theirrelevantinvestor.com)
- What can you do about high valuations? Diversify. (compoundadvisors.com)
Crypto
- Cryptocurrency companies are on a hiring spree for Washington lobbyists. (nytimes.com)
- A mothballed coal plant is being revived to help power a crypto mining operation. (arstechnica.com)
Companies
- Elon Musk is playing a different game than everyone else. (notboring.co)
- What pain points Walmart ($WMT) has identified, post-pandemic. (vox.com)
- Sony ($SNE) says that PlayStation 5s will be in short supply for awhile. (finance.yahoo.com)
Finance
- SPACs aren't going anywhere. (morningstar.com)
- Box ($BOX) has an activist investor breathing down its neck. (axios.com)
Fund management
- Schwab ($SCHW) and Fidelity are at-odds when it comes to floating money market NAVs. (riabiz.com)
- Semi-transparent, active ETFs are not yet a thing in Europe. (ft.com)
UK
- Brexit side-effects: not enough truck drivers. (ft.com)
- Why is the UK public more enthusiastic about vaccines than the US? (vox.com)
Earlier on Abnormal Returns
- Adviser links: an elaborate process. (abnormalreturns.com)
- David Swensen leaves a powerful legacy. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
- What everyone else was clicking on last week on the site. (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)
