Quote of the Day
"A good rule of thumb for making money in real estate is that it is never as easy as it looks. There’s always uncertainty, it’s never a cinch, you’re dealing with large amounts of leverage and potential catastrophic risk."
(@varianceswap)
Markets
- Norway's giant sovereign wealth fund returned -14.4% in the first half of 2022. (pionline.com)
- The destruction of the EV space, illustrated. (ft.com)
- Are growth stocks finally cheap? (blog.validea.com)
Apple
- Nearly three quarters of iPhone users have activated Apple Pay. (wsj.com)
- Why Apple's ($AAPL) advertising push shouldn't surprise any one. (youngmoney.co)
- Hold off on buying a new Apple ($AAPL) iPhone for now. (wsj.com)
- What are Apple ($AAPL) Airtags good for? Think luggage... (om.co)
Streaming
- Streaming is now more popular than cable, with broadcasting in third place. (engadget.com)
- Streamers, even ad-supported, are getting expensive. (hollywoodreporter.com)
- Which is maybe why, streaming customer churn is on the rise. (wsj.com)
Fund management
- Blackrock ($BLK) is getting all sorts of ESG blowback. (axios.com)
- A look at Scottish fund manager Baillie Gifford after the retirement of key manager James Anderson. (bloomberg.com)
- How this college kid made a fortune on Bed Bath & Beyond ($BBBY) stock. (on.ft.com)
Economy
- What is going on with high rental inflation? (msn.com)
- The spread between the 2 year Treasury note and the Fed funds rate has narrowed. (capitalspectator.com)
- Weekly initial unemployment claims have flattened out. (bonddad.blogspot.com)
Earlier on Abnormal Returns
- Longform links: what we owe future generations. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: consolation prizes. (abnormalreturns.com)
- Single-bond ETFs are here. (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)
