Quote of the Day
"Stocks can go down? How quickly we forget. I am amazed to see investors get spooked every single time."
(Blair duQuesnay)
Strategy
- Michael Batnick, "If you’re riding a big winner, you need to have a game plan." (theirrelevantinvestor.com)
- As an investor you need to play your own game. (collaborativefund.com)
Crypto
- Why Grayscale wants to see a Bitcoin ETF solution. (finance.yahoo.com)
- Dogecoin is coming to Coinbase ($COIN). (marketwatch.com)
- Tether no longer claims that its tokens are backed one to-one by US dollars held in cash reserves (ft.com)
- Trading crypto? Pay your taxes. (wsj.com)
Disney
- As Disney ($DIS) theme parks re-open, streaming service growth could slow. (variety.com)
- ESPN is downsizing its MLB package. (sportico.com)
- While picking up rights to La Liga. (variety.com)
- And cutting the theater window for upcoming movies including 'Free Guy.' (engadget.com)
Funds
- It's small issuers that really drive ETF innovation. (etf.com)
- Distressed debt funds never really had a chance to do much in 2020. (axios.com)
Economy
- Retail sales are still re-calibrating. (calculatedriskblog.com)
- Industrial production is being held by supply chain issues. (bonddad.blogspot.com)
Earlier on Abnormal Returns
- Podcast links: influence and scandal. (abnormalreturns.com)
- What you missed in our Thursday linkfest. (abnormalreturns.com)
- Longform links: retweeting misinformation. (abnormalreturns.com)
- David Swensen leaves a powerful legacy. (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)
