Quote of the Day
"A risk that any company in Apple’s position will face is complacency. With most of its product categories, Apple’s largest competitor ends up being itself."
(Neil Cybart)
Chart of the Day
Employees increasingly don’t think their employers care about their well-being.
Markets
- Why aren't global stock markets down more in the face of the war in Ukraine? (ft.com)
- Some timely reminders about the stock market including 'No one, and I mean no one, can predict what’s going to happen in the short-term.' (awealthofcommonsense.com)
- What has happened historically to the stock market after a yield curve inversion. (quantifiableedges.com)
Crypto
- Ethereum's switch could put pressure on Bitcoin to move to 'proof of stake.' (theguardian.com)
- How the Seneca Lake area became a hotbed for activism against Bitcoin mining. (protocol.com)
Startups
- The reach of solo VCs is growing. (theinformation.com)
- There's too many darn SaaS startups. (thereformedbroker.com)
- Why interest in venture debt is increasing. (institutionalinvestor.com)
- The instant grocery delivery business is rightsizing. (theinformation.com)
Books
- 29 lessons learned from owning a bookstore including 'Physical experiences matter more in a digital world. If people wanted a book cheaply, they’d buy it online.' (ryanholiday.net)
- Americans are returning to physical bookstores including Barnes & Noble. (bloomberg.com)
Economy
- More early retirees are returning the workforce. (wsj.com)
- The pandemic and war in Ukraine should refocus our efforts at onshoring critical capacities. (rationalwalk.com)
Earlier on Abnormal Returns
- Personal finance links: simple portfolios. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: blending factors. (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
- Meta ($FB) is moving aggressively to a remote work model. (wsj.com)
- Wall Street types have no interest in going back the office five days a week. (nypost.com)
- By this measure, workers are still reluctant to return to the office. (marketwatch.com)
- Employees are dealing with all manner of emotions as they return to the office. (nytimes.com)
