Quote of the Day
"The new $100 billion businesses built in the 2020's won't depend on cheap labor, but will either be able to pay high enough wages to draw workers away from other firms, or be less labor-intensive altogether."
(Conor Sen)
Strategy
- The best inflation hedge isn't a hedge at all. (awealthofcommonsense.com)
- Much of what is called investing these days is speculation. (wsj.com)
- The ultimate power in investing: being good at suffering. (compoundadvisors.com)
Companies
- How many big companies are going to get built on the Shopify ($SHOP) platforms? (howardlindzon.com)
- Uber ($UBER) is a big winner in the Didi Chuxing IPO. (wsj.com)
- Amazon ($AMZN) is hiring a bunch of people. (businessofbusiness.com)
Cybersecurity
- What will it take for us to take cybersecurity seriously? (nytimes.com)
- The hybrid workplace is the worst of both worlds when it comes to cybersecurity. (wsj.com)
- Aura wants to be a one-stop shop for personal digital security for consumers. (wsj.com)
- Security experts really want you to use a password manager. (wsj.com)
Finance
Global
Fund management
- Why boutique fund managers tend to disappoint. (morningstar.com)
- How private credit managed through pandemic. (institutionalinvestor.com)
- Why a lot hinges on the SEC's approach to a Bitcoin ETF. (bloomberg.com)
Economy
- Long-term inflation expectations are not on the the rise. (econbrowser.com)
- How much longer will supply chain issues affect inflation? (bonddad.blogspot.com)
- It's going to be along summer of inflation watching. (capitalspectator.com)
- Deflationary forces, in a good way, are still in place. (ritholtz.com)
- The case against a housing bubble at present. (msn.com)
Earlier on Abnormal Returns
- Podcast links: the housing shortage. (abnormalreturns.com)
- What you missed in our Thursday linkfest. (abnormalreturns.com)
- Longform links: the path of least resistance. (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)
