Quote of the Day
"Financial markets are narrative generating machines. Not only does modern technology mean that we have more stories being created than ever, but they are effortlessly disseminated and amplified."
(Joe Wiggins)
Strategy
- How should investors guard against 'unknown unknowns'? (morningstar.com)
- Social media finance gurus gloss over a lot of the tough stuff. (thisisthetop.substack.com)
Finance
- More investment funds are outsourcing their trading function. (theinformation.com)
- How the SEC's proposals would effectively eliminate payment for order flow. (wsj.com)
AI
- The pieces are coming together for an AI bubble. (thereformedbroker.com)
- Google ($GOOGL) is inching toward a public launch of its own AI service. (theverge.com)
- Why search may not be the killer AI app. (wired.com)
Startups
- A lot of startups eventually undergo a re-brand. (avc.com)
- Softbank Vision Fund returns are now underwater. (ft.com)
- Five insights from "Fall in Love with the Problem, Not the Solution: A Handbook for Entrepreneurs" by Uri Levine. (nextbigideaclub.com)
Media
- The Mastodon bump is now a slump. (wired.com)
- Penske Media is buying 20% of Vox Media. (nytimes.com)
- AMC ($AMC) is planning to set prices by seat location. (variety.com)
Economy
- Heavy truck sales are not indicating a recession, yet. (calculatedriskblog.com)
- There are still some parts of the country with tight housing markets. (bloomberg.com)
Earlier on Abnormal Returns
- Research links: hardwiring good behavior. (abnormalreturns.com)
- What you missed in our Monday linkfest. (abnormalreturns.com)
- Adviser links: explaining alts. (abnormalreturns.com)
- Check out my recent appearance on The Money Show with Chuck Jaffe talking all things financial media. (moneylifeshow.libsyn.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
- More Americans than ever are planning on betting on the Super Bowl. (frontofficesports.com)
- Fingers crossed: sports betting outfits are hoping to turn cash flow positive soon. (ft.com)
- Young men are uniquely at-risk of becoming addicted to sports gambling. (theconversation.com)
- Does widespread sports betting make match fixing more likely or less? (wapo.st)
