Quote of the Day
"The key to a lot of investing success is to be motivated by opportunity while immune to FOMO. "
(Morgan Housel)
Strategy
- Forget hyperinflation, we don't even have 70's style inflation. (evidenceinvestor.com)
- There's no easy fix to a 60/40 portfolio. (monevator.com)
- The average American is more exposed to the real estate market than the stock market. (awealthofcommonsense.com)
Crypto
- The U.S. is now the biggest miner of Bitcoin. (wsj.com)
- Follow-on Bitcoin products are filling the pipeline. (etf.com)
- It still takes a lot of electricity to generate a Bitcoin. (fortune.com)
Venture capital
- Why Sequoia Capital's decision to transform its business model is a big deal. (stratechery.com)
- The traditional VC model is not outdated. (howardlindzon.com)
- How web3 differs from web2. (avc.com)
Economy
- Making the case for 'Team Transitory.' (wapo.st)
- Home foreclosures are at record lows. (axios.com)
- Home inventory is still the key for housing prices. (calculatedrisk.substack.com)
- Economists are bad at forecasting short-term interest rates. (econbrowser.com)
Earlier on Abnormal Returns
- Personal finance links: retirement preparedness. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: shifting benchmarks. (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)
