Quote of the Day
"The names change in every cycle, but the underlying story remains the same: you can’t buy past returns."
(Charlie Bilello)
Crypto
- Bitcoin should have boomed during a period of war and volatility. What happened? (nytimes.com)
- Curated is a fund devoted to buying and holding NFT artwork (techcrunch.com)
- The bear case on crypto and NFTs. (vice.com)
Funds
- Hedge funds are picking through the rubble of the SPAC space. (institutionalinvestor.com)
- The best fund companies terminate their funds least often. (morningstar.com)
- Doubleline ETFs are coming. (finance.yahoo.com)
Russia
- How Anonymous is messing with Russia. (theverge.com)
- What happened to Russia's military? (grid.news)
- How Russia reignited the NATO alliance. (wsj.com)
- Can the world live without Russian commodities? (economist.com)
- Nobody wants rubles. (econbrowser.com)
Mortgages
- Mortgage rates are at 3-year highs. (mortgagenewsdaily.com)
- Mortgage equity withdrawals are on the rise from low levels. (calculatedrisk.substack.com)
Economy
- Why the fiscal responses to the two most recessions were so different. (ritholtz.com)
- Canadian businesses are hiring like crazy. (bnnbloomberg.ca)
Earlier on Abnormal Returns
- Podcast links: failure and character. (abnormalreturns.com)
- What you missed in our Thursday linkfest. (abnormalreturns.com)
- Longform links: the simulation illusion. (abnormalreturns.com)
- Check out the iCap list of the "18 Top Financial Advisers and Real Estate Investment Influencers You Should Be Following in 2022." (icapequity.com)
- The 2022 Credit Suisse Global Investment Returns Yearbook is here! (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)
