Quote of the Day
"The past decade in America has seen the gradual exhaustion of opportunities in social media and in apps that transform offline businesses into online businesses. “Uber for X” became tiresome several years ago."
(James Pethokoukis)
Strategy
- There is a big difference between a portfolio and a plan. (awealthofcommonsense.com)
- Why everyone wants to write the obituary for the 60/40 portfolio. (morningstar.com)
- A good explanation for why momentum continues to work. (thediff.co)
Crypto
- How crypto trading came to the StockTwits platform. (howardlindzon.com)
- Is web3 just the financialization of every aspect of our lives? (theatlantic.com)
Companies
- Amazon ($AMZN) has finally disclosed the size, think big, of its advertising business. (axios.com)
- The strategic questions around Netflix ($NFLX) are ramping up. (vulture.com)
- Deckers Outdoor Corp. ($DECK) has made a big business out of selling 'ugly shoes.' (bloomberg.com)
Finance
- The era of the zero-coupon convertible bond is over. (wsj.com)
- Tiger Global raised another mega-sized fund to invest in private tech companies. (theinformation.com)
ARK Investment Management
- Ark ETF investors are holding on despite poor recent returns. (etf.com)
- ARK Investment Management is planning an interval fund to invest in private assets. (blockworks.co)
Economy
- The number of permanent job losers is declining pretty quickly. (calculatedriskblog.com)
- The November and December jobs numbers were revise higher. (econbrowser.com)
Earlier on Abnormal Returns
- Podcast links: moderating audio. (abnormalreturns.com)
- What you missed in our Thursday linkfest. (abnormalreturns.com)
- Longform links: authoritative and inevitable. (abnormalreturns.com)
- The 12 best financial blogs including Abnormal Returns. (snippet.finance)
- February ESG links: stakeholder capitalism. (abnormalreturns.com)
- Just because sports gambling is legal, doesn't mean you should participate. (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)
