Quote of the Day
"It is truly astonishing how many of the things we take for granted are simply untrue. Much of our investment beliefs (indeed, our lives) are based on thinking things that turn out to be either unproven or outright false."
(Barry Ritholtz)
Markets
- Looking back at "Dow 36,000" these many years later. (wsj.com)
- The meme stock phenomenon is not dead yet. (bloomberg.com)
- What to do when you read a scary headline. (ritholtz.com)
Crypto
- Why Ether is more interesting than Bitcoin. (thereformedbroker.com)
- Taking your paycheck in Bitcoin is the new laser eyes. (theblockcrypto.com)
Finance
- Google ($GOOGL) has agreed to invest $1 billion in exchange CME Group ($CME) and help its cloud infrastructure. (wsj.com)
- Credit Suisse is effectively exiting the prime brokerage business. (ft.com)
- SoFi ($SOFI) is going to offer Rivian shares to customers on the IPO. (axios.com)
- TradeStation Group is going public via a SPAC deal. (coindesk.com)
Venture capital
- SaaS companies are raising capital based off of ARR multiples. (tomtunguz.com)
- Investment in female-founded startups is bouncing back from a pandemic-dip. (protocol.com)
- Some advice for people investing out of a shiny new venture capital fund. (hunterwalk.com)
Economy
- Weekly initial unemployment claims are still trending lower. (calculatedriskblog.com)
- It's been over two decades to find a better time to be a worker. (bonddad.blogspot.com)
Earlier on Abnormal Returns
- Longform links: important information. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: never enough money. (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)