Quote of the Day
"Instagram’s transformation into QVC is now complete and absolute."
(Om Malik)
Markets
- A 3% 30-year Treasury bond is no great deal. (morningstar.com)
- Eight reasons why a 1929-style stock market crash is less likely today. (dariusforoux.com)
Strategy
- The good thing about bear markets is that they eventually end. (awealthofcommonsense.com)
- Why you should ignore the steady stream of market 'sorcerers.' (ofdollarsanddata.com)
Finance
- Jefferies Financial Group ($JEF) is simplifying its business. (finance.yahoo.com)
- Fund managers are starting to end money market mutual fund fee waivers. (ft.com)
Venture
- Tomasz Tunguz, "The bid/ask spread in VC is the difference between the post-money valuation between a VC (the bidder) & a company (seller)." (tomtunguz.com)
- A reading list on how to go about getting started in angel investing. (howardlindzon.com)
- The partisan entrepreneurship gap is time-varying. (nber.org)
- A profile of writer/VC Packy McCormick. (meridian.mercury.com)
Netflix
- Lucas Shaw and Matthew Belloni talk about whether the Netflix ($NFLX) is broken. (theringer.com)
- Why Netflix ($NFLX) bet so big on the Russo brother's 'The Gray Man.' (nytimes.com)
- Marketers are licking their chops in anticipation of ads on Netflix ($NFLX). (wsj.com)
Economy
- There is a record number of housing units currently under construction. (calculatedrisk.substack.com)
- The Fed is 'navigating treacherous waters.' (stayathomemacro.substack.com)
Earlier on Abnormal Returns
- Research links: when quant falters. (abnormalreturns.com)
- What you missed in our Monday linkfest. (abnormalreturns.com)
- Adviser links: estate tax intricacies. (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)
Mixed media
- Joshua Brown and Ben Carlson talk with Matthew Ball about the metaverse. (youtube.com)
- Five insights from Matthew Ball's "The Metaverse: And How It Will Revolutionize Everything." (nextbigideaclub.com)
- A Q&A with Matthew Ball about his new book "The Metaverse: And How It Will Revolutionize Everything." (venturebeat.com)
