Quote of the Day
"Innovation and advancement tend to compound. One person raises the bar over the previous limit, and that becomes the baseline for a new generation to aim for and build upon."
(Morgan Housel)
Markets
Strategy
- Market corrections are a cost of doing business. (awealthofcommonsense.com)
- Why so many people think they are above average investors. (evidenceinvestor.com)
- How depression may affect your investment approach. (humbledollar.com)
Companies
- Microsoft ($MSFT) is planning to build OpenAI tools into its apps. (theinformation.com)
- Walgreen's ($WBA) admits it overhyped the issue of organized shoplifting. (axios.com)
- Jack Ma is getting pushed aside even further at Ant Group. (nytimes.com)
Policy
- Ryan Cooper, "Vested interests and ideology are the real obstacles to fixing the IRS. Numerous attempts to streamline the American tax system have run into a wall of money from the tax-prep industry." (theatlantic.com)
- The case for a 'National Success Fund.' (drorpoleg.com)
- The FTC could make abusive non-compete agreements history. (vox.com)
- Why do we keep widening highways if it doesn't reduce congestion? (nytimes.com)
- How Radio Free Europe is covering the war in Ukraine. (cbsnews.com)
- Being a public defender is no easy thing. (slate.com)
Economy
- Why data revisions matter when it comes to economic forecasting. (ritholtz.com)
- The economic schedule for the coming week. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Top clicks last week on the site. (abnormalreturns.com)
- What you missed in our Saturday linkfest. (abnormalreturns.com)
- Dropping habits that don't serve you is just as important as adopting new habits. (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)
Mixed media
- The marijuana industry is beset with problems. (washingtonpost.com)
- Five insights from "It’s Not TV: The Spectacular Rise, Revolution, and Future of HBO" by Felix Gillette and John Koblin. (nextbigideaclub.com)
- Why the Seattle Public Schools are filing suit against the social media giants. (geekwire.com)
