Quote of the Day
"People do not usually change their minds because they enjoy a show, nor even because of a dazzling display of logic. People change their minds because they persuade themselves."
(Tim Harford)
Strategy
- There is a big difference between dip buying individual stocks vs. indices. (awealthofcommonsense.com)
- Covered calls are not income. (humbledollar.com)
Media
- Are we at Peak TV? Streaming companies are cutting their spending. (bloomberg.com)
- What is the best selling sports video game of all time? (huddleup.substack.com)
Economy
- The June NFP showed continued strength. (bonddad.blogspot.com)
- There were fewer permanent job losses in the pandemic downturn. (calculatedriskblog.com)
- Housing affordability is at its worst level since 2006. (wsj.com)
- Eight signs of a slowing economy including consumer confidence. (nytimes.com)
- Where real gasoline prices stand. (econbrowser.com)
Earlier on Abnormal Returns
- Podcast links: doing hard things. (abnormalreturns.com)
- What you missed in our Thursday linkfest. (abnormalreturns.com)
- Longform links: chasing other people's paths. (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)
