Quote of the Day
"History shows that speculation benefits society by drawing in new retail investors that may not have otherwise taken an interest in markets or investing."
(Jamie Catherwood)
Markets
- The asset class return quilt every year highlights the benefits of diversification. (awealthofcommonsense.com)
- Five investment lessons from the rise of Wordle including 'Accept randomness.' (fortunesandfrictions.com)
Companies
- Facebook's ($FB) hiring spree is raising costs for everybody. (wsj.com)
- Some signs that Omicron is going to affect company earnings. (thereformedbroker.com)
Finance
- Citigroup ($C) is set to fire unvaccinated workers. (reuters.com)
- How Brexit has harmed London's financial ecosystem, including shifts in trading to places like Amsterdam. (ft.com)
Economy
- Millions of American workers are home sick with Covid. (businessinsider.com)
- Warehouse employment is booming. (tker.co)
- The Great Resignation has come for manufacturing. (washingtonpost.com)
Earlier on Abnormal Returns
- Adviser links: the problem with planning. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
- Top clicks last week on the site. (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)
Mixed media
- Ten of the best business books of 2021 including "Uncharted: How to Map the Future" by Margaret Heffernan. (forbes.com)
- A rave review of "In Pursuit of the Perfect Portfolio: The Stories, Voices, and Key Insights of the Pioneers Who Shaped the Way We Invest." (wsj.com)
- Some tips on how to read more books including 'Read books simultaneously.' (ft.com)
