Quote of the Day
"Speculation is a great hobby if you can afford it, but it shouldn’t be confused with investment."
(Seth Godin)
Strategy
- Investors are you a pundit or a professional? (compoundadvisors.com)
- There are four major financial plotlines including 'greed leading to fraud.' (ritholtz.com)
- Cullen Roche, "What if we just like things because other people all agree to like them? " (pragcap.com)
Amazon
- Betting your business on Amazon ($AMZN) is a risky proposition. (ft.com)
- Amazon ($AMZN) is going offer to pay the full cost of college tuition, including books and fees, for its 750,000 hourly U.S. employees. (cnbc.com)
- The new Amazon-branded Fire TV is here. (variety.com)
Finance
- Hedge funds are increasingly shifting into venture capital. (ft.com)
- Why investors are still betting on campus housing deals. (wsj.com)
Funds
- Fund companies are changing fund mandates to be more green. (wsj.com)
- Why aren't more muni bond ETFs actively managed? (etf.com)
Sports betting
- More than half of the United States now offers legal sports betting. (apnews.com)
- Sports betting is set to surge this NFL season. (frontofficesports.com)
- Sports betting firms are spending huge on advertising. (frontofficesports.com)
Economy
- Weekly initial unemployment claims are at their lowest level since March 2020. (calculatedriskblog.com)
- When, and if, will workers return? (spilledcoffee.substack.com)
- The global shipping mess isn't going anywhere. (cnn.com)
- Mortgage rates are stuck below 3.0%. (housingwire.com)
Earlier on Abnormal Returns
- Longform links: our finite time. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: a simplified retirement. (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)
