Quote of the Day
"When it comes to an investment opportunity, it doesn't matter whether you're a good business or not –– what matters is whether you're a good business or not, AND your price."
(Rubin Miller)
Markets
- We can thank the technology sector for recent U.S. market outperformance. (morningstar.com)
- In the markets, it's easy to be right for the wrong reasons, and vice versa. (on.ft.com)
Strategy
- Why you should turn off your market-related alerts, e-mail, etc. (thereformedbroker.com)
- On the dangers of the 'house money effect.' (youngmoneyweekly.substack.com)
- Why do investors often seem to prefer complexity over simplicity? (behaviouralinvestment.com)
Companies
- The pandemic was a force multiplier for retailers. They either adapted or died. (bloomberg.com)
- A look at the rapid rise, and quick fall, of audio app Clubhouse. (nytimes.com)
Venture
- 30 companies that could go public in 2022. (news.crunchbase.com)
- How Y Combinator changed the world. (wired.com)
ARKK
- ARK Innovation ($ARKK) highlights bad investor behavior. (pragcap.com)
- Why does Cathie Wood need to throw around unrealistic return numbers? (quoththeraven.substack.com)
Sports
- The NHL is putting its season on pause. (washingtonpost.com)
- Sports leagues give us a good idea about the state of viral spread. (msn.com)
- Why it's challenging for leagues to change Covid policies. (bloomberg.com)
Economy
- Wealth gains during the past couple years have not been evenly distributed. (awealthofcommonsense.com)
- The economy is booming but people say they are miserable. (time.com)
- The economic needle the Powell-led Fed is trying to achieve. (nytimes.com)
- The U.S. population grew at a record-low rate in 2021. (wsj.com)
- Checking back in on ten big economic questions for 2021. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Research links: risk mitigation. (abnormalreturns.com)
- What you missed in our Monday linkfest. (abnormalreturns.com)
- Adviser links: inflation ignorance. (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)
