Quote of the Day
"The propensity to gamble is always increased by a large prize versus a small entry fee, no matter how poor the true odds may be."
(Warren Buffett)
Finance
- An example of why you shouldn't take liquidity for granted. (wsj.com)
- Blackrock ($BLK) is planning to allow institutional investors to vote their own proxies. (reuters.com)
Alternatives
- Blackrock ($BLK) is looking to put money into the music catalog space. (bloomberg.com)
- HarbourView Equity Partners, a new firm looking to invest in music copyrights. (nytimes.com)
- What your options are when it comes to getting exposure to farmland. (nytimes.com)
- How Masterworks makes money. (axios.com)
ETFs
- A startup, BondBloxx Investment Management, is jumping into the bond ETF space. (citywireusa.com)
- Why a futures-based Bitcoin ETP may be on the horizon. (bloomberg.com)
Restaurants
- Restaurants are now better prepared for outdoor dining this winter. (wsj.com)
- How the pandemic could kill-off fine dining. (grubstreet.com)
- Online ordering is ruining lunch for people who are going to the restaurant. (slate.com)
Global
- The London rental market is coming back to life. (ft.com)
- Ireland has agreed to give up its low corporate tax rate to sync with other nations. (reuters.com)
Economy
- The Delta variant likely played a role in September's disappointing NFP number. (calculatedriskblog.com)
- The September jobs report was not that bad after accounting for some weird statistical stuff. (nytimes.com)
- The household and establishment surveys are in disagreement. (bonddad.blogspot.com)
- The child care shortage is likely holding employment gains back. (nytimes.com)
- Labor market dynamism is going to keep forecasters on their toes. (ritholtz.com)
Earlier on Abnormal Returns
- Podcast links: getting unstuck. (abnormalreturns.com)
- What you missed in our Thursday linkfest. (abnormalreturns.com)
- Longform links: assisted migration. (abnormalreturns.com)
- Check out my appearance on 'The Long View' podcast with Christine Benz and Jeff Ptak. (abnormalreturns.com)
- October ESG links: shareholder engagement. (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)
