Quote of the Day
"There are three important facts about bullshit: It’s everywhere, it’s influential, and it’s dangerous."
(Morgan Housel)
Strategy
- Simplicity trumps complexity when it comes to investing. (safalniveshak.com)
- It's been a difficult decade for diversification. (awealthofcommonsense.com)
Crypto
- Edward Robinson, "It’s little surprise that civilians have no idea what DeFi designers are talking about, let alone how to use their products." (institutionalinvestor.com)
- How much responsibility should celebrities have for their endorsements? (vox.com)
Finance
- The SPAC space is suffering, big time. (nytimes.com)
- Tiger Global is down some 52% in 2022. (news.crunchbase.com)
Netflix
- The new mantra for Netflix ($NFLX) movies is 'bigger, better, fewer.' (hollywoodreporter.com)
- Why the success of 'Stranger Things 4' is not a positive sign for Netflix ($NFLX). (theatlantic.com)
Economy
- The pandemic has messed up inventory cycles. (economist.com)
- Still no meaningful pickup in weekly initial unemployment claims. (bonddad.blogspot.com)
- Other signs that the labor economy is cooling off. (thereformedbroker.com)
- Rent increases are happening at a slower rate. (calculatedrisk.substack.com)
- We may have seen the peak of the housing frenzy. (theirrelevantinvestor.com)
Earlier on Abnormal Returns
- Longform links: variance in outcomes. (abnormalreturns.com)
- Target date funds are a rare win for the behavioral finance crowd. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: living through a bear market. (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)
