Quote of the Day
"If your work isn’t more useful or insightful or urgent than GPT can create in 12 seconds, don’t interrupt people with it."
(Seth Godin)
Chart of the Day

Have Big Tech stocks gotten cheap enough? (chart via @ycharts)
Finance
- Why Robinhood ($HOOD) is offering IRA accounts to its customers. (riabiz.com)
- HSBC has announced it will stop financing new oil and gas fields. (bbc.com)
Elon
- Elon Musk sold another big batch of Tesla ($TSLA) shares. (wsj.com)
- While SpaceX shares hold their value. (axios.com)
Funds
- Blackrock's ($BLK) iShares is set to best Vanguard when it comes to 2022 fund flows. (morningstar.com)
- The big 3 ETF managers are losing collective market share. (bloomberg.com)
- Turkey, and energy stocks, dominate the list of the best performing ETFs in 2022. (etf.com)
AI
- AI is going to put further pressure on middle managers. (klementoninvesting.substack.com)
- Generative AI is going to force us to have 'digital watermarks.' (bloomberg.com)
- How AI is already being used by financial analysts. (empirefinancialresearch.com)
- How a high school English teacher grades ChatGPT. (theatlantic.com)
- Why ChatGPT is overhyped. (danieldrezner.substack.com)
Russia
- Russia is now just targeting the Ukraine economy. (washingtonpost.com)
- Russia's state TV takes cues from conservative U.S. media. (nytimes.com)
Economy
- Weekly initial unemployment claims aren't heading higher. (calculatedriskblog.com)
- Retail sales are cooling off. (bonddad.blogspot.com)
- The Fed isn't done yet. (tker.co)
Earlier on Abnormal Returns
- Longform links: inspiring trust. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: investing accordingly. (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)