Quote of the Day
"I know every correction feels like it’s going to be the end of the world, but most of the time the world does not in fact come to an end."
(Ben Carlson)
Bonds
- Bonds are off to their worst quarter since 1980. (theirrelevantinvestor.com)
- Want the most diversification bang for your bond buck? Think Treasuries. (morningstar.com)
Markets
- The fall in Chinese tech stocks is stunning. (compoundadvisors.com)
- Things weren't great for emerging market returns even before the invasion of Ukraine. (wsj.com)
Companies
- Berkshire Hathaway ($BRK.A) is buying insurer Alleghany Corp. ($Y). (cnbc.com)
- What Walmart ($WMT) is doing to keep pace with Amazon ($AMZN). (protocol.com)
- The story behind the (big) drop in the stock price of Affirm ($AFRM). (observer.com)
- The CEO transition at Disney ($DIS) has been a little rocky. (cnbc.com)
- Agriculture companies are resisting the call to leave Russia. (wsj.com)
Venture
- The best investments need the least due diligence. (avc.com)
- The story of Ramp and its new $750 million fundraising round. (notboring.co)
- The Amazon ($AMZN) aggregator space has reached an inflection point. (theinformation.com)
- The number of female-founded unicorns are on the rise. (news.crunchbase.com)
- What to include in a pre-seed slide pitch deck. (docsend.com)
- Startup Osler wants to succeed where Theranos failed. (ft.com)
Cities
- The pandemic has accelerated 'interstate employment arbitrage.' (ritholtz.com)
- New York City's economy has not yet returned to pre-pandemic levels. (bloomberg.com)
- Toronto's tech scene is booming. (nytimes.com)
Economy
- Housing inventory may have bottomed. (calculatedriskblog.com)
- Older Americans are ready to spend after two years of pandemic. (wsj.com)
Earlier on Abnormal Returns
- Adviser links: two supreme forces. (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)