Quote of the Day
"One of the most important secrets of Warren’s life and of so many other successful investors and other such people is that they found their ‘games’ early – one they knew they could win at – irrespective of the money those games paid, and they kept playing those games joyfully for the rest of their lives."
(Vishal Khandelwal)
Strategy
- There have not been a lot of places to hide in 2022. (mrzepczynski.blogspot.com)
- Beware pithy investment aphorisms. (humbledollar.com)
Crypto
- The crypto industry has shown that it is unable to police itself or its users. (thereformedbroker.com)
- A look at the state of the crypto drawdown. (starkiller.capital)
Venture capital
- Down rounds are here, including for BNPL powerhouse Klarna. (wsj.com)
- Bessemer Venture Partners has registered with the SEC as investment advisor. (theinformation.com)
- The landscape for startups is very different than it was for Web 2.0. (cdixon.mirror.xyz)
Travel
- You can blame the pilot shortage for a lot of the current travel woes. (npr.org)
- The holiday weekend has seen a scad of flight delays and cancellations. (nytimes.com)
- Europe's air system is in chaos, as well. (bloomberg.com)
- Short-term rentals are seeing strong demand this Summer. (wsj.com)
Policy
- 24 charts showing we live better than previous generations. (fullstackeconomics.com)
- The Covid pandemic shows the U.S. needs to continue to invest in local public health resources. (theatlantic.com)
- Capital punishment is slowly going away in the U.S. (nytimes.com)
- More guns equal more crime, not less. (papers.ssrn.com)
- The Dodds ruling pulled American opinion about abortion off the sidelines. (fivethirtyeight.com)
Economy
- Why you should plan for a recession. (researchaffiliates.com)
- The economic schedule for the coming four-day week. (calculatedriskblog.com)
Earlier on Abnormal Returns
- The top 10 most clicked on items this week on the site. (abnormalreturns.com)
- What you missed in our Saturday linkfest. (abnormalreturns.com)
- The Covid-19 vaccines saved a nearly unfathomable number of people. (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)
