Quote of the Day
"When investors are able to take short positions in speculative investments—that is, to bet that their prices will go down—that helps to keep prices in check."
(Adam M. Grossman)
Strategy
- The best uncorrelated asset in a downturn is mindset. (thewaiterspad.com)
- Why you should spend as little time on investing as possible. (moontower.substack.com)
Crypto
- Coinbase ($COIN) is feeling the effects of the FTX blowup. (observer.com)
- The discount on the Grayscale Bitcoin Trust ($GBTC) keeps widening. (theblock.co)
Companies
- Big Tech made the same problem: expecting Covid era behavior to continue. (slate.com)
- Despite some big moves, Apple ($AAPL) is still dependent on China for manufacturing. (macworld.com)
- Why more companies are facing shareholder resolutions. (wsj.com)
Finance
- Why have fintech been unable to disrupt Visa ($V) and Mastercard ($MA)? (ft.com)
- The VC money in crypto startups isn't looking great right now. (institutionalinvestor.com)
Economy
- Why this yield curve inversion is different than the prior two. (washingtonpost.com)
- Are we measuring housing inflation all wrong? (bloomberg.com)
- What the Misery Index gets wrong. (ritholtz.com)
Earlier on Abnormal Returns
- Adviser links: setting client expectations. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
- What everyone was clicking on last week on the site. (abnormalreturns.com)
- Don't borrow money to invest. (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)
