Quote of the Day
"While there will always be personal losses and hardship for individual investors that get caught out in a mania, the act of speculation is key for driving economic growth and prosperity at the national level."
(Jamie Catherwood)
Strategy
- How Ted Wechsler accumulated some $264 million in his Roth IRA. (washingtonpost.com)
- Why this foundation is getting out of hedge funds entirely. (institutionalinvestor.com)
Crypto
- Bill Miller has started buying shares in the Grayscale's Bitcoin Trust ($GBTC). (theblockcrypto.com)
- What you need to know about the CryptoPunks phenomenon. (theirrelevantinvestor.com)
Companies
- Not every company has bounced back from the pandemic. (wsj.com)
- Don't expect big changes to Apple's ($AAPL) App Store. (theverge.com)
- The fascinating story of how Fedex ($FDX) Ground routes are bought, sold and operated. (bloomberg.com)
- Why China made an example of Didi Chuxing ($DIDI). (nytimes.com)
SPACs
- How media companies are approaching the SPAC space. (cnbc.com)
- The story of how Chamath Palihapitiya became 'king of the SPACs.' (ritholtz.com)
Work
- New hires are going to have to prove vaccination status. (nytimes.com)
- The big hedge funds are requiring vaccination to return to the office. (bloomberg.com)
- How vaccine mandates can work. (arstechnica.com)
Venture capital
- a16z is launching a standalone seed fund. (protocol.com)
- More VCs are upsizing their new funds. (techcrunch.com)
Housing
- Is paying off your mortgage always the right financial move? (awealthofcommonsense.com)
- New home buyers are getting priced out of the market. Should government step in? (bloomberg.com)
- Roofstock is working towards becoming an end-to-end single family rental platform. (housingwire.com)
Economy
- Why economists have underestimated the economic recovery. (nytimes.com)
- Inflation momentum seems to have peaked. (econbrowser.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: saving lives. (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)
