Quote of the Day
"The reason Warren Buffett is interesting is because there’s only one of him."
(Morgan Housel)
Chart of the Day
Gasoline prices have been falling since June. (chart via GasBuddy.com)
Markets
- Economic data is not providing much support for the bears. (theirrelevantinvestor.com)
- Investing for deflation is simple. Investing for inflation not so much. (morningstar.com)
Crypto
- The future of cryptocurrency depends on regulation. (theatlantic.com)
- Galaxy Digital Holdings is trying to come back from the Terra/Luna debacle. (institutionalinvestor.com)
- FTX Ventures is investing in Anthony Scaramucci's SkyBridge Capital. (blockworks.co)
Companies
- Amazon ($AMZN) is buying a pallet stacking robot company. (engadget.com)
- Yahoo purchased The Factual to help rate news credibility. (axios.com)
Economy
- The shift from spending on goods to services is full-on. (bonddad.blogspot.com)
- Wholesale auto prices are in retreat. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Podcast links: the future is video. (abnormalreturns.com)
- What you missed in our Thursday linkfest. (abnormalreturns.com)
- Longform links: immediate causes. (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
- Five important pieces of career guidance including 'Don’t do the job you want to tell other people you do. Do the job you want to do.' (theatlantic.com)
- Scammers are using fake LinkedIn profiles. (technologyreview.com)
- Companies are dropping vaccine mandates. (axios.com)
- Work from home is not a US-only phenomenon. (thewest.com.au)
