Quote of the Day
"I am a fan of the walk-away move because it shows the other party that you are not going to move on your offer anymore and forces a hard decision instead of endless negotiating, which I personally don’t like."
(Fred Wilson)
Markets
- Hedge funds are ramping up their equity exposure. (sentimentrader.com)
- Why you shouldn't be so quick to write off the meme stock phenomenon. (barrons.com)
- Four things you need to understand about bull markets. (awealthofcommonsense.com)
Crypto
- Fidelity Digital Assets is hiring like crazy. (financial-planning.com)
- Binance is under fire from regulators around the globe. (wsj.com)
Finance
- The big banks are poised for big profit jumps. (wsj.com)
- Why private equity is focused on the UK. (ft.com)
- Chinese officials put the breaks on a potential ByteDance, i.e. TikTok, IPO. (wsj.com)
Venture capital
- Softbank has picked up the pace of investment from its second Vision Fund. (ft.com)
- Tiger and SoftBank were the two largest investors in startups in the first half of 2021. (protocol.com)
- Flipkart just raised a new round of capital at a $38 billion valuation. (wsj.com)
Fund management
Earlier on Abnormal Returns
- Adviser links: the already rich. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
- What everyone was reading 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)