Quote of the Day
"Trying hard is an abysmal investing strategy."
(Tony Isola)
Markets
- European natural gas prices are back down to Q4 2021 levels. (ft.com)
- Zero day options are growing in popularity. (marketwatch.com)
Strategy
- Copycat investing is blind alley. (rationalwalk.com)
- Share buybacks aren't good or bad, they just are. (wsj.com)
Fund management
- With other mutual funds companies adopt Vanguard's approach to ETFs? (morningstar.com)
- Index funds now own more Tesla ($TSLA) shares than Elon Musk. (ft.com)
- Tracking error is not the same across benchmark indices. (morningstar.com)
Pickleball
- A Q&A with Brian Levine, CEO of Major League Pickleball. (semafor.com)
- Pickleball may be fun to play, but doesn't translate to television. (nymag.com)
Sports betting
- Commercial sports betting revenue hit a new all-time high of $7.5 billion in 2022 in the U.S.` (frontofficesports.com)
- Penn Entertainment ($PENN) has fully acquired Barstool Sports. (variety.com)
- Tribal casinos are getting pushed aside in sports betting. (nytimes.com)
Economy
- Disinflation isn't moving in a straight line. (stayathomemacro.substack.com)
- Why jobless claims may be understated. (axios.com)
- Could the return to the office explain falling productivity? (fortune.com)
Earlier on Abnormal Returns
- Podcast links: a new conservatism. (abnormalreturns.com)
- What you missed in our Thursday linkfest. (abnormalreturns.com)
- Longform links: renewables 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)
