Quote of the Day
"One of the most useful things you can do in investment is articulate a small number of principles and beliefs that can drive your decisions."
(Dan Mikulskis)
Strategy
- When should you change your asset allocation? Not all that often... (awealthofcommonsense.com)
- For the first time in a decade, TIPS finally look attractive. (morningstar.com)
Old school
- Would Ben Graham buy Meta ($META) stock? (rationalwalk.com)
- 12 lessons from Charlie Munger and Warren Buffett on money and life including 'Volatility is not risk.' (morningstar.com)
Crypto
- Fidelity is prepping a retail crypto trading platform. (investmentnews.com)
- A look inside the business of Bitcoin mining. (amycastor.com)
Books
- Five insights from Edward Chancellor's new book "The Price of Time: The Real Story of Interest." (nextbigideaclub.com)
- Tyler Cowen recommends Jon Hilsenrath's new book "The Trailblazing Economist Who Navigated an Era of Upheaval." (marginalrevolution.com)
Big Tech
- Tech companies are laying off workers left and right. (axios.com)
- Until now, Big Tech companies has been spending big on capex. (on.ft.com)
Startups
- VCs are having no problem raising new funds. (wsj.com)
- On the pros and cons of being a second time founder. (hunterwalk.com)
Global
- The Canadian economy continues to add jobs. (bnnbloomberg.ca)
- Tiger Global is reportedly halting new investments in China. (wsj.com)
- Hong Kong is struggling to emerge from Covid restrictions. (nytimes.com)
- Universities in Iran are on the front lines of the resistance. (washingtonpost.com)
Housing
- The housing market is worse than you think. (vitaliy.substack.com)
- The housing market is deteriorating faster than the data shows. (nytimes.com)
Economy
- You can find signs of weakness in the October NFP report if you look. (bonddad.blogspot.com)
- Employment data is still not showing a recession. (econbrowser.com)
- What exactly is the Fed looking at? (ritholtz.com)
Earlier on Abnormal Returns
- Podcast links: inflation impacts. (abnormalreturns.com)
- What you missed in our Thursday linkfest. (abnormalreturns.com)
- Longform links: what artists do best. (abnormalreturns.com)
- Spending does more than change your bank balance. (abnormalreturns.com)
- Why rough edges remain in financial markets: people. (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)
