Quote of the Day
"Some of the most powerful, profitable, and expansive companies in human history—associated at least nominally with wide-ranging innovation—are stuck. They’re failing utterly to create the futures they’ve long advertised, or even to maintain the versions they were able to muster. "
(Brian Merchant)
Markets
- The energy sector dominated in 2022, and it wasn't even close. (capitalspectator.com)
- The stock market is not a Ponzi scheme. (awealthofcommonsense.com)
- Here is Eddy's 2023 Buy List. (crossingwallstreet.com)
Companies
- Inside the Southwest Airlines ($LUV) meltdown. (wsj.com)
- Cal-Maine Foods ($CALM) stock rode higher egg prices all year, until today. (barrons.com)
- 2022 was a disaster for Big Tech. (msn.com)
Venture capital
- Startup tech shares are plummeting in value on secondary exchanges. (ft.com)
- Going your own way (in venture capital) can be lonely. (hunterwalk.com)
- Bullpen Capital is targeting unloved industries. (wsj.com)
- Creator financing is going mainstream. (theinformation.com)
Finance
- Goldman Sachs ($GS) is set to slash jobs in January. (bloomberg.com)
- Bonuses are on the chopping block at the big banks. (wsj.com)
- Why American Equity Investment Life ($AEL) is so sought after. (ft.com)
- What's behind the exodus from the accounting profession? (wsj.com)
Economy
- Continuing unemployment claims continue to trend higher. (bonddad.blogspot.com)
- The Battery Belt is forming across America and is in need of workers. (bloomberg.com)
- Ten big economic questions for 2023 including 'What will happen with house prices in 2023?' (calculatedriskblog.com)
Earlier on Abnormal Returns
- Longform links: the vagaries of fate. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: ever increasing needs. (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)
