Quote of the Day
"A large drawdown does not signify a past bubble."
(Mark Rzepczynski)
Markets
- Earnings and interest rates are going to battle it out in 2023. (klementoninvesting.substack.com)
- There's no free lunch in small cap stocks. (ofdollarsanddata.com)
- Why covered call funds ultimately disappoint. (morningstar.com)
Companies
- For Amazon ($AMZN), it's live by the employee stock-compensation, die by the employee stock-compensation. (wsj.com)
- Today's Google ($GOOGL) is no longer the innovative organization it used to be. (medium.com)
- Why Pat Gelsinger's job at Intel ($INTC) is so tough. (mondaynote.com)
Hedge funds
- Bridgewater Associates paid a high price to get Ray Dalio to retire. (nyti.ms)
- There are way more hedge funds than Burger Kings in the world. (on.ft.com)
Finance
- Blackrock ($BLK) is benefiting from flows into bond ETFs. (ft.com)
- VCs are having a tougher time raising new capital. (wsj.com)
Economy
- Low locked-in mortgage rates are going provide stimulus for awhile. (awealthofcommonsense.com)
- What does history say about the prospects of a soft landing. (mrzepczynski.blogspot.com)
- The decline in home prices is somewhat orderly. (thebasispoint.com)
Earlier on Abnormal Returns
- Research links: retail options trading. (abnormalreturns.com)
- Do less to do better. (abnormalreturns.com)
- Adviser links: swapping video for audio. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (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)
