Quote of the Day
"Managing expectations and getting the goalpost to stop moving is one of the hardest tricks in life. But it’s so essential."
(Morgan Housel)
Markets
- How major asset classes performed in November. (capitalspectator.com)
- Three sectors that have historically done well going into year-end. (sentimentrader.com)
- When sentiment and stock prices diverge. (theirrelevantinvestor.com)
Big Tech
- Tech moguls, like Jack Dorsey, seem to be getting bored with their companies. (nytimes.com)
- Salesforce ($CRM) has a new co-CEO. (axios.com)
- Match Group ($MTCH) has settled with Tinder founders. (techcrunch.com)
Venture
- Venture capitalists are betting big on crypto start-ups in 2021. (nytimes.com)
- The Chernin Group is actively investing in web3 companies including Dapper Labs. (fastcompany.com)
- Commonwealth Fusion Systems LLC said it has raised more than $1.8 billion to help it develop a fusion energy solution. (wsj.com)
- What are the odds that a VC seed funded startup raises a subsequent round of capital? (news.crunchbase.com)
- Republic has acquired UK crowdfunding platform Seedrs. (theblockcrypto.com)
Finance
- Americans are once again applying for credit cards. (wsj.com)
- With crypto already trading 24/7, are stocks that far behind? (wsj.com)
Fund management
- Why more asset manager don't follow the Vanguard model. (awealthofcommonsense.com)
- Why Vanguard is now launching the new Vanguard China Select Stock Fund. (riabiz.com)
- The best and worst ETFs of 2021. (morningstar.com)
Economy
- The manufacturing sector is still red hot. (bonddad.blogspot.com)
- The November ADP report showed a big jump in private employment. (calculatedriskblog.com)
- Good riddance to the Fed's use of the term 'transitory.' (pragcap.com)
Earlier on Abnormal Returns
- Personal finance links: gratitude and generosity. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: future states of the world. (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)