Quote of the Day
"For investors, a dollar saved is a dollar earned, no matter where the money comes from."
(John Rekenthaler)
Chart of the Day

Grayscale Investments has filed to convert the Grayscale Bitcoin Trust ($GBTC) into an ETF. (chart via @ycharts)
Markets
- What rising oil prices really mean. (mailchi.mp)
- What happens after industrial metals double in price. (sentimentrader.com)
- Day traders are helping to drive uranium prices higher. (wsj.com)
Strategy
- People get lucky in the stock market all the time. (theirrelevantinvestor.com)
- Why your portfolio should look more like a camel than a horse. (behaviouralinvestment.com)
- The earlier you start investing, the sooner you learn some important lessons. (humbledollar.com)
Bitcoin
- Ric Edelman, “The Holy Grail is a Bitcoin ETF, not a Bitcoin futures ETF.” (barrons.com)
- More miners are moving rigs to the U.S. (theblockcrypto.com)
- The SEC's approach to Bitcoin is suboptimal, at best. (etf.com)
Apple
- Hardcore power users are going to welcome the new MBPs. (newatlas.com)
- The best new features of the new Macbook Pros. (wsj.com)
- New M1 chips make the new Macbook Pros go. (theverge.com)
- Why don't the new Macbook Pros include FaceTime? (theverge.com)
- Everything Apple ($AAPL) announced including new AirPods. (engadget.com)
- What Apple ($AAPL) didn't announce yesterday. (sixcolors.com)
Funds
China
- Janan Ganesh, "America’s public and private elites are no longer as one on China, if they ever were." (ft.com)
- Big Tech has given up on pushing back against authoritarian regimes. (washingtonpost.com)
- Chinese built security cameras are pretty much everywhere. (theatlantic.com)
Economy
- Businesses are pulling out the stops to source goods. (nytimes.com)
- More houses are under construction in the U.S. at any time since 2007. (calculatedrisk.substack.com)
Earlier on Abnormal Returns
- Research links: existing mental frameworks. (abnormalreturns.com)
- What you missed in our Monday linkfest. (abnormalreturns.com)
- Adviser links: the right value. (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)
Mixed media
- Om Malik, "We live in a world of platforms, algorithmic content monsters that constantly need to be fed by content. It doesn’t matter if it’s good or bad. It is just a means to create engagement." (om.co)
- 10 steps to using social media more intentionally. (becomingminimalist.com)
- Your media consumption is a choice. (seths.blog)