Quote of the Day
"First-level thinkers look for simple formulas and easy answers. Second-level thinkers know that success in investing is the antithesis of simple."
(Howard Marks)
Markets
- When the risk-free rises, a lot of calculations change. (fortunesandfrictions.com)
- Putting your investment losses into perspective. (allstarcharts.com)
Technology
- Mark Zuckerberg has put Facebook ($META) employees on notice. (theverge.com)
- The semiconductor shortage is easing, but it is not across-the-board. (wired.com)
- Twitter ($TWTR) is cutting back its office space. (msn.com)
- On the state of cloud computing spending. (tomtunguz.com)
Fund management
- Value-focused Pzena Investment Management ($PZN) is going private. (citywireusa.com)
- Why bother with active funds any more? (ft.com)
Housing
- Recent house price performance is way out of historical bounds. (awealthofcommonsense.com)
- A closer look at slowing home price growth. (bonddad.blogspot.com)
Economy
- The Great Resignation is over. (ritholtz.com)
- The Fed is never going to be ahead of the curve. (bloomberg.com)
- Young Americans are not moving that far from home. (axios.com)
Earlier on Abnormal Returns
- Personal finance links: staying in the game. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: strict risk management. (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)
