Quote of the Day
"As the technology industry became the cultural zeitgeist, it became necessary to advertise to the world that you were part of the tech set. And the easiest way to do so is through uniforms."
(Om Malik)
Markets
- The markets were bad in 2022, but things could always be worse. (humbledollar.com)
- Commodity returns stood out in 2022. (capitalspectator.com)
- A look at the best charts of 2022. (topdowncharts.substack.com)
Strategy
- There is a big difference between forecasting stock and bond returns. (fortunesandfrictions.com)
- Why you need to look at base rates when forecasting stock returns. (ofdollarsanddata.com)
Books
- The best books Ben read in 2022 including "Die With Zero" by Bill Perkins. (awealthofcommonsense.com)
- "The Price of Time" [by Edward Chancellor] is about as close to a complete history of interest as you are likely to find. (rationalwalk.com)
- Five insights from Steve Case's book "Rise of the Rest: How Entrepreneurs in Surprising Places are Building the New American Dream." (nextbigideaclub.com)
Finance
- A wave of junk bond refinancings are coming in 2023. (bloomberg.com)
- SPACs are winding up by the dozens. (wsj.com)
- Eventually the IPO window will open and these companies will likely be at the front of the line. (observer.com)
Sports betting
- Sports betting volume hit a record in 2022. (variety.com)
- A lot of sports betting marketing relies on the term 'risk free bet.' (washingtonpost.com)
Global
- Ireland is short of housing. (ft.com)
- Concerns about Chinese control of TikTok are not going away. (wsj.com)
Economy
- Why isn't the media screaming 'recession'? (danieldrezner.substack.com)
- Why many older Americans are not returning to the labor market. (nytimes.com)
- The role plastics prices had in inflation the past couple of years. (bloomberg.com)
- A review of ten big economic questions for 2022. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Research links: quick alpha. (abnormalreturns.com)
- Adviser links: fee increases. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (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)
