Quote of the Day
"I’m not going to mince words. The fraud-driven collapse of FTX and Alameda Research is, in my estimation, the worst single event in the crypto industry since its inception."
(Nic Carter)
Markets
- The 60/40 portfolio is on track for its worst year since 1937. (wsj.com)
- Trend following strategies gave back a lot of returns last week. (priceactionlab.com)
Strategy
- A look at the investor's manifesto. (safalniveshak.com)
- Investor time horizons have shortened. (notboring.co)
- Why Warren Buffett, and the like, were not seduced by cryptocurrencies. (rationalwalk.com)
FTX
- On the parallels between SBF and the 'Match King' Ivar Kreuger. (awealthofcommonsense.com)
- The turn in the FTX story has been uniquely abrupt. (axios.com)
- Michael Lewis has been following SBF around the past six months. (fortune.com)
Apple
- Apple's ($AAPL) ad business is still comparatively small, but is generating a lot of pushback. (theinformation.com)
- A position at an Apple Store used to be a plum gig, any more it's just another retail job. (bloomberg.com)
Economy
- The Pandemic Housing Boom reset is here. (fortune.com)
- Heavy truck sales are up 13% year-over-year. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Adviser links: managing sudden wealth. (abnormalreturns.com)
- Life is complicated, your workout doesn't have to be. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
- Top clicks last week on the site. (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)
