Quote of the Day
"Old gatekeepers are losing their power to anoint winners. Launching new products and careers is becoming riskier and contingent on pure chance and opaque algorithms."
(Dror Poleg)
Strategy
- 2022 has been rough on the 60/40 portfolio. (awealthofcommonsense.com)
- Bear markets are time to engage in some tax-loss selling. (morningstar.com)
- A review of "Where the Money Is: Value Investing in the Digital Age" by Adam Sessel. (wsj.com)
Crypto
- Crypto volatility is a feature not a bug. (bloomberg.com)
- An investor's guide to crypto. (papers.ssrn.com)
Companies
- It's unlikely companies will cut back on their cybersecurity spending in a recession. (protocol.com)
Finance
- Among U.S. equity funds, passive holdings are now larger then active holdings. (markets.businessinsider.com)
- A number of trends have come together to challenge the rise of ESG. (on.ft.com)
Startups
- Just how busy was Tiger Global in the past 18 months? Very busy. (wsj.com)
- Don't be surprised to see more fintech M&A. (protocol.com)
Global
- Japanese companies are moving from Tokyo to more remote areas. (ft.com)
- How rising energy costs are hurting the European economy. (economist.com)
Housing
- Housing inventory is on the rise. (calculatedriskblog.com)
- The home affordability index has worsened dramatically in the past six months. (calculatedrisk.substack.com)
Earlier on Abnormal Returns
- Adviser links: labeling the conversation. (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)
