Quote of the Day
"Good advice that took me a while to learn is that everything is sales. Everything is sales. It’s usually framed as career advice – no matter what your role in a company is, your ultimate job is to help sales. But it applies to so many things."
(Morgan Housel)
Markets
- The performance of the FAANG stocks has diverged YTD. (wsj.com)
- Howard Lindzon, "Like crypto, meme investing begins at retail." (howardlindzon.com)
Strategy
- As inflation hedges go, stocks are alright. (pragcap.com)
- How indexing makes your investment life easier. (humbledollar.com)
Companies
- How Roku ($ROKU) carved out its own niche in the streaming space. (cnbc.com)
- How Nintendo is transitioning. (mindsetvalue.substack.com)
Semiconductors
- The world is overly dependent on the Taiwan Semiconductor ($TSM). (wsj.com)
- It's not just car manufacturers that are dealing with semiconductor shortages. (wsj.com)
Funds
- Buffer ETFs are complicated. (barrons.com)
- Active ETF launches now outpace passive launches. (finance.yahoo.com)
States
- How some North Carolina towns are redeveloping their old factories for a new era. (nytimes.com)
- Nashville has changed a lot over the past decade. (slate.com)
- A new Colorado law is putting residents in bind. Companies won't hire them for remote positions. (wsj.com)
Policy
- American women continue to delay motherhood. (nytimes.com)
- America's mayors are worn out by pandemic. (politico.com)
- Why Americans underestimate the racial wealth gap. (fivethirtyeight.com)
- Three states, Nevada, Colorado and Washington, have public health insurance options. (vox.com)
- Young American adults die at a higher rate than in other countries, leaving Covid aside. (bloomberg.com)
- The U.S. owes a duty to its Afghan interpreters. (theatlantic.com)
Housing
- Housing isn't a 'bubble' but prices are out of line with fundamentals. (calculatedriskblog.com)
- Signs that things are already slowing down. (calculatedriskblog.com)
- More buyers are putting down at least 20% on their home purchases. (wsj.com)
- Opendoor now buys/sells houses in 39 markets. (thebasispoint.com)
Economy
- Why the quit rate should stay high for awhile. (nytimes.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: near universal vaccination. (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)
