Quote of the Day
"We are entering an era when AIs will be available to everyone to use to do work, entertain ourselves, and many other things. We cannot put this genie back in the bottle. We need to embrace it."
(Fred Wilson)
Markets
- What role do interest rates have in stock prices? (ofdollarsanddata.com)
- Why the golden age of biotech stocks may be over. (statnews.com)
Crypto
- Coinbase ($COIN) is laying off 20% of its workforce. (cnbc.com)
- Why so many are focused on the big discount on the Grayscale Bitcoin Trust ($GBTC). (blockworks.co)
- Could another firm actually take over management of GBTC? (pionline.com)
OpenAI
- Microsoft ($MSFT) is working toward a big investment in OpenAI. (semafor.com)
- OpenAI is technically a non-profit. (axios.com)
Fund management
- Why actively managed funds need a new revenue model. (behaviouralinvestment.com)
- ProShares ETF lineup benefited from market volatility. (ft.com)
- Would you rather own BREIT or public REITs? (warcap.substack.com)
Streaming
- Why Paramount ($PARA) is pushing hard to build a broader 'Yellowstone' universe. (wsj.com)
- Series un-renewals and discarded series orders are rampant. (hollywoodreporter.com)
Jobs
- Temporary jobs in the U.S. are rolling over. (bonddad.blogspot.com)
- Did you know Eurozone unemployment rate is a record low? (axios.com)
Earlier on Abnormal Returns
- Research links: finding unused value. (abnormalreturns.com)
- What you missed in our Monday linkfest. (abnormalreturns.com)
- Adviser links: two forms of growth. (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)
