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Quote of the Day
"Call me crazy, but exposing this generation of young people to finance has been one of the greatest unintended benefits of this entire crypto experiment."
(Louis Sykes)
Strategy
- Evidence to the contrary, the U.S. stock market is still in a downtrend. (theirrelevantinvestor.com)
- How the Dempster Mill Manufacturing Company made Warren Buffett miserable. (rationalwalk.com)
- Keep you politics far away from your investments. (ft.com)
Crypto
- SBF on the state of FTX's 'backstopping' of the crypto industry. (bloomberg.com)
- How much of Bitcoin trading is fake? (forbes.com)
Companies
- Apple ($AAPL) has an AI/ML problem. (om.co)
- Walmart ($WMT) is pushing into the beef business. (wsj.com)
- Elon Musk is only making Twitter's ($TWTR) problems worse. (washingtonpost.com)
Work
- American companies are ordering robots hand over fist. (fortune.com)
- On-site workers are looking for more flexibility as well. (wsj.com)
Startups
- The baby formula shortage left an opening for startups. (nymag.com)
- Y Combinator is getting a new CEO in Garry Tan. (forbes.com)
Economy
- The Fed is talking a big game at the moment. (awealthofcommonsense.com)
- Real home prices actually fell last month. (calculatedrisk.substack.com)
Earlier on Abnormal Returns
- Personal finance links: being self-aware. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: diluting trend. (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)