Quote of the Day
"The exciting, magical, silly, dangerous, genius, dumb thing about investing in 2021 is EVERY investing rule has been thrown out the window."
(Howard Lindzon)
Markets
- The year started off weird and stayed that way. (wired.com)
- It's been a heck of a decade for growth stocks. (albertbridgecapital.com)
- The odds are tilted in favor of value stocks. (bpsandpieces.com)
- What high valuations imply for investors. (compoundadvisors.com)
Strategy
- Ten lessons from 2021 including 'Bull markets can last longer than you think.' (theirrelevantinvestor.com)
- Ben's favorite charts of 2021. (awealthofcommonsense.com)
- Eddy's 2022 Buy List is live. (crossingwallstreet.com)
Companies
- Walmart ($WMT) keeps growing its 'click-and-collect' business. (cnbc.com)
- Why Wall Street doesn't value Rocket Cos. ($RKT) like a fintech. (thebasispoint.com)
- Are digital media companies really meant to be public? (variety.com)
Startups
- Growth equity investors like Tiger Global stepped up the pace of investing in 2021. (news.crunchbase.com)
- To Fred Wilson, web3 feels like the very early days of web2. (avc.com)
- How frequent, 'mark-to-market' fundraising rounds make private markets more like public. (tomtunguz.com)
- Indian startups pulled in a record amount of capital in 2021. (economictimes.indiatimes.com)
- 340 new unicorns were minted in 2021. (wsj.com)
Muni bonds
- Muni bond funds hold 24% of outstanding bonds which is up from 16% five years ago. (wsj.com)
- The year in muni bond ETFs. (etf.com)
ETFs
- The biggest ETF stories of 2021. (theetfeducator.com)
- There were 41 first-time ETF issuers in 2021. (etf.com)
- The ETFs that gained the most AUM in 2021. (etf.com)
Books
- Some of the best business books of 2021 including "Empire of Pain: The Secret History of the Sackler Dynasty" by Patrick Radden Keefe. (finance.yahoo.com)
- The top business books of 2021 including "Amazon Unbound: Jeff Bezos and the Invention of a Global Empire" by Brad Stone. (bnnbloomberg.ca)
- Five of the best books of 2021 including "The Data Detective: Ten Easy Rules to Make Sense of Statistics" by Tim Harford. (capitalspectator.com)
Policy
- The SEC is going easy on insider trading by ignoring executive stock-selling plans. (bloomberg.com)
- More signs that unemployment fraud was rampant in pandemic. (npr.org)
- U.S. Capitol workers have quit in light of January 6th. (washingtonpost.com)
Economy
- Don't fall into the trap of underestimating the U.S. economy. (awealthofcommonsense.com)
- The many ways in which the U.S. jobs market is weird. (wapo.st)
- A Q&A with Adam Ozimek about the future of remote/hybrid work. (thebrowser.com)
- Economic statistics are no longer free from the 'fake news' hype. (washingtonpost.com)
- Six economic-related newspapers you should be reading in 2022. (fullstackeconomics.com)
- The economic schedule for the coming week. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Top clicks last week on the site. (abnormalreturns.com)
- ESG links: implementing sustainable portfolios. (abnormalreturns.com)
- What you missed in our Saturday linkfest. (abnormalreturns.com)
- Coronavirus links: out of stock. (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)
