Quote of the Day
"In fact in most fields – especially business and investing – the most important events that changed everything and determined the majority of future outcomes are things that had never happened until they did."
(Morgan Housel)
Strategy
- Why it's difficult for the average investor to know who to trust on financial TV. (ritholtz.com)
- On the dangers of selling a stock too soon. (humbledollar.com)
- Successful investing involves a willingness to let go of some control. (evidenceinvestor.com)
- If you want to get rich start a company, instead of becoming an investor. (philo.substack.com)
Crypto
- China is not messing around this time with it's crypto ban. (coindesk.com)
- FTX is in the process of moving its headquarters to the Bahamas. (theblockcrypto.com)
- Binance is facing regulatory scrutiny across the globe. (protocol.com)
Companies
- Why DraftKings's ($DKNG) bid for Entain is a big deal for the industry. (frontofficesports.com)
- The story of how Toast ($TOST) came to be a public company. (cnbc.com)
- A big profile of Twist Biosciences ($TWST) and how it is changing the industry. (alexdanco.com)
- What is the Petershill Partners Plc private-equity business worth as a public company. (washingtonpost.com)
Global
- Does combating climate change mean higher inflation down the road? (ft.com)
- Tel Aviv, Israel is being transformed by the startup boom. (wsj.com)
Policy
- Why child care workers are quitting in droves. (washingtonpost.com)
- Why does the FDA still not have a permanent chief? (npr.org)
- Plenty of public companies got PPP loans and didn't pay them back. (propublica.org)
- No single technology can solve rural America's broadband problem. (bloomberg.com)
Debt ceiling
- Debt ceiling debates are pointless and should just go away. (pragcap.com)
- How an actual debt ceiling-induced default would affect markets. (econbrowser.com)
- How the press should cover the debt limit issue (fallows.substack.com)
Economy
- Inflation can show up in ways, i.e. inconvenience, than just prices. (awealthofcommonsense.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: flu season. (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)