Quote of the Day
"Rest is when you’re not associating your self-worth with what you have to do next."
(Lawrence Yeo)
Chart of the Day

The price of the big tech companies have come down a lot in the past year making them more attractive. (chart via @ycharts)
Crypto
- Fidelity has opened up access to its retail crypto account. (theblock.co)
- BlockFi has filed for bankruptcy. (coindesk.com)
- Jane Street never invested in FTX. (on.ft.com)
Finance
- The IPO window is still closed for now. (ft.com)
- The bear market is going to cause a wave of reverse splits. (bloomberg.com)
Venture capital
- Ten red flags venture capitalists should heed including 'overlapping corporate interests.' (abovethecrowd.com)
- ByteDance shareholders having a hard time getting secondary transactions done. (theinformation.com)
ESG
- Can defense and energy stocks ever be ESG? (klementoninvesting.substack.com)
- There is a difference between being socially responsible and ESG investing. (etf.com)
ETFs
- Fidelity is converting a half dozen mutual funds to ETFs. (financial-planning.com)
- The market has voted for transparent ETFs over non-transparent. (investmentnews.com)
Housing
- Rising mortgage rates are only accelerating the single family home rental business. (wsj.com)
- Active real estate listings are on the rise. (calculatedriskblog.com)
- The U.S. is unique when it comes to the use of fixed-rate home mortgages. (axios.com)
Economy
- Where coincident state indexes stand. (ritholtz.com)
- The number of CPI components rolling over is on the rise. (twitter.com)
Earlier on Abnormal Returns
- Adviser links: different words. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
- What everyone was clicking on 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)