Quote of the Day
"We prefer rhetorical grace and an emotional charge to precise linearity and the work of hard thought. Because we are constant simplifiers, we prefer a clean and clear narrative to a complex reality."
(Robert Seawright)
Markets
- No matter how you measure it, 2022 is one of the worst years for bonds in history. (nytimes.com)
- Year-to-date, the Renaissance IPO ETF is down almost 50%. (institutionalinvestor.com)
- Options trading is booming. (wsj.com)
Strategy
- On the dangers of buying crashing growth stocks. (theirrelevantinvestor.com)
- A proper asset allocation is a precondition to avoid market-related panic. (rogersplanning.blogspot.com)
- Joe Wiggins, "Financial markets are about the decisions made by other people." (behaviouralinvestment.com)
Venture capital
- What's the relationship between gambling and (venture) investing? (medium.com)
- In Silicon Valley, investing in your friend's startup is the currency of the realm. (bloomberg.com)
- Chamath Palihapitiya is raising outside capital. (axios.com)
Fund management
- Why investors should consider carving out their China exposure. (linkedin.com)
- ESG's growth bias has hurt returns in 2022. (morningstar.com)
Economy
- The August PCE price index increased 6.2% year-over-year. (calculatedriskblog.com)
- The U.S. rental housing market is rapidly cooling off. (realpage.com)
- Companies are still hiring even though there are signs of economic weakness. (wsj.com)
Earlier on Abnormal Returns
- Podcast links: boosting downloads. (abnormalreturns.com)
- What you missed in our Thursday linkfest. (abnormalreturns.com)
- Longform links: trusting your instincts. (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)
