Quote of the Day
"The New Normal looks a lot like the Old Normal in that it is unknown and ever-changing."
(Joseph Y. Calhoun III)
Strategy
- Why it's tough to be a short-term investor these days. (awealthofcommonsense.com)
- Multiple expansion has been a tailwind for the stock market: is the trend over? (morningstar.com)
Crypto
- Payment platforms are defined by their network effects. (interfluidity.com)
- FalconX, a cryptocurrency and digital-asset trading platform, just raised a big round of capital. (bloomberg.com)
Companies
Career
- How to advance your career, without reading self-help books. (ofdollarsanddata.com)
- Eight things to follow if you are new to the finance industry. (realreturns.blog)
Venture capital
- How traditional VC is getting squeezed. (news.crunchbase.com)
- Angel investors have to learn the hard lessons from prior generations. (nytimes.com)
Funds
Work
- Central business districts, and the businesses therein, are now facing a Delta-related setback. (nytimes.com)
- When multiple people work from home there can be frictions about office space. (axios.com)
- Saks Fifth Avenue is converting parts of department stores into co-working spaces with WeWork. (wsj.com)
Economy
- Workers are quitting at a rapid clip. (axios.com)
- Rising shipping costs are likely to increase onshoring. (ft.com)
Earlier on Abnormal Returns
- Research links: flows matter. (abnormalreturns.com)
- What you missed in our Monday linkfest. (abnormalreturns.com)
- Adviser links: having an opinion. (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)