Quote of the Day
"We always need to be working on our old patterns, even as we tackle new ones."
(Brett Steenbarger)
Markets
- How do stocks beat inflation? (thereformedbroker.com)
- The S&P 500 is not the economy. (awealthofcommonsense.com)
FTX
- Is the FTX blow up the end of crypto? (economist.com)
- Why did so many people have a blind spot for FTX? (on.ft.com)
- Why does Alameda Research own a stake in Farmington State Bank? (nytimes.com)
- LedgerX is one of the few FTX subsidiaries that did not file for bankruptcy. (theinformation.com)
Odds
- John Reeder on how the Elon-Twitter merger arbitrage played out. (podcasts.apple.com)
- Eight lessons learned about gambling including 'Longshots are poor value.' (championbets.com.au)
Economy
- What odds do term spread models put on a recession? (econbrowser.com)
- Companies are having to go all to hire new employees. (economist.com)
- Five economic reasons to be thankful, including low unemployment claims. (calculatedriskblog.com)
- Why you can safely ignore holiday retail spending forecasts. (ritholtz.com)
Earlier on Abnormal Returns
- Podcast links: revisiting Moneyball. (abnormalreturns.com)
- Longform links: productive hours. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: repeatable systems. (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)
