Quote of the Day
"Yes, we're always telling each other stories. That doesn't mean that buying a drawing of a rock is the same as buying a company that mines rocks."
(Joe Weisenthal)
Strategy
- Six things learned in business school that are no longer true. (advisorperspectives.com)
- You can learn a lot more from your failures than your successes. (ritholtz.com)
- Why you should look beyond simple correlation when thinking about foreign and domestic equities. (humbledollar.com)
Crypto
- The blockchain will change many things, but it may take some time. (theirrelevantinvestor.com)
- Traditional regulatory methods aren't going to cut in the world of crypto and NFTs. (washingtonpost.com)
- Today is the first day Bitcoin is legal tender in El Salvador. (theblockcrypto.com)
Companies
- Add substrate shortages to the reasons behind the global chip imbalance. (wsj.com)
- How Allbirds ($BIRD) business is doing going into its IPO. (secondmeasure.com)
- TikTok is rapidly gaining on YouTube. (bbc.com)
Finance
- The FTC is backed up with merger reviews. (wsj.com)
- Walgreens ($WBA) is getting into the 'financial wellness' space. (wealthmanagement.com)
Funds
- Funds are coming under increasing competition from custom solutions. (morningstar.com)
- Not all index funds are created alike. (evidenceinvestor.com)
- A big profile of the controversial Cathie Wood. (cnn.com)
Global
- What's left of the IPO for Chinese companies? (asia.nikkei.com)
- A few Russian companies are trying to do IPOs in the U.S. (wsj.com)
Economy
- After all that drama, lumber price are up 6% year-over-year. (calculatedriskblog.com)
- The Delta variant is holding back the employment recovery. (econbrowser.com)
- Housing affordability doesn't tell you much about future returns. (calculatedrisk.substack.com)
Earlier on Abnormal Returns
- Research links: a lazy approach. (abnormalreturns.com)
- What you missed in our Monday linkfest. (abnormalreturns.com)
- Adviser links: cash withdrawals. (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)
