Quote of the Day
"Markets are always changing and adapting, but a timeless law is that money will always chase performance."
(Michael Batnick)
Markets
- How some of the biggest manias in 2021 have played out. (monevator.com)
- There's no reason to believe Bitcoin is a reliable inflation hedge. (theblindfoldedchimp.com)
Strategy
- Joe Wiggins, "Many intractable investment debates are a framing problem." (behaviouralinvestment.com)
- Four investing lessons from 2021 including 'The stock market is always a voting machine.' (blog.validea.com)
- Some lessons from "The Revolution That Wasn’t: GameStop, Reddit, and the Fleecing of Small Investors" a new book by Spencer Jakab. (rationalwalk.com)
EVs
- Harley-Davidson's ($HOG) electric motorcycle division is going public via a SPAC merger. (wsj.com)
- Toyota Motors ($TM) has committed to launch a range of EV models. (ft.com)
- An interview with Lucid Motors ($LCID) CEO Peter Rawlinson. (axios.com)
Restaurants
- Restaurant menus are getting shorter and simpler. (wsj.com)
- The current rules for eating out including 'Don't be an *sshole.' (eater.com)
- Wonder is a different ghost kitchen model featuring menus from star chefs. (nypost.com)
Funds
- The case for active management is built on overconfidence. (humbledollar.com)
- Fidelity is launching two new liquid alternative funds. (citywireusa.com)
- A list of the ETFs that generate the most revenue. (etf.com)
Housing
- The housing market was characterized by increasing inequality and now layer on inflation. (awealthofcommonsense.com)
- National homebuilder confidence for November is still near record highs. (calculatedriskblog.com)
- The housing market is unlikely to cool any time soon as long as the economy stays afloat. (bloomberg.com)
Earlier on Abnormal Returns
- Personal finance links: a simpler life. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: higher liquidity. (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)
