Quote of the Day
"With securities, investors wish to read about winners. With the broader economy, they prefer disasters."
(John Rekenthaler)
Crypto
- Jordan Belfort has reinvented himself into a crypto evangelist. (nytimes.com)
- Financial advisors want a spot Bitcoin ETF. (financial-planning.com)
- Twitter ($TWTR) has adopted a poison pill. (theverge.com)
- Why you shouldn't have much faith in Twitter's ($TWTR) board of directors. (om.co)
- Elon Musk does whatever he wants. Everyone else plays along. (theatlantic.com)
- Vanguard actually owns more shares of Twitter ($TWTR) than Elon Musk. (wsj.com)
Apple
- Apple ($AAPL) is pushing hard on its supply chain to reduce emissions. (theverge.com)
- Messing around with an old Mac teaches you how much progress we have made. (macworld.com)
Sports
- Why despite real objections, Buffalo will get its new, publicly funded, stadium. (nymag.com)
- The most valuable sports franchises in the U.S. (huddleup.substack.com)
Economy
- Industrial production jumped in March. (calculatedriskblog.com)
- What's going on with real wages. (econbrowser.com)
Earlier on Abnormal Returns
- Podcast links: navigating low expected returns. (abnormalreturns.com)
- What you missed in our Thursday linkfest. (abnormalreturns.com)
- Longform links: stupider en masse. (abnormalreturns.com)
- Before joining the Great Resignation read up on the grass-is-greener fallacy. (abnormalreturns.com)
- My Q&A with Nick Maggiulli about his newly published book "Just Keep Buying: Proven ways to save money and build your wealth." (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)
