Quote of the Day
"I believe the best seed and VC funds know how to treat both founders and LP’s as customers and shareholders at the right times."
(Howard Lindzon)
Markets
- How major asset classes performed in February 2023. (capitalspectator.com)
- March has historically been a better than February for the stock market. (carsongroup.com)
Strategy
- What can we learn from how short sellers operate? (riskofruinpod.substack.com)
- Forecasting is about knowing when growth will slow. (klementoninvesting.substack.com)
Books
- Insights from "The Biology of Investing: Nature, Nurture, Physiology, & Cognition" by John R. Nofsinger and Corey A. Shank. (blas.com)
- "Dinosaur Derivatives and Other Trades" by Jeremy Josse flew under the radar. (citywire.com)
Health care
- Eli Lilly ($LLY) is capping the cost of insulin for patients. (wsj.com)
- Why is Aetna working with a company founded by a prominent Covid conspiracy theorist? (thedailybeast.com)
Retail
- More cities and towns are saying rejecting new dollar stores. (nytimes.com)
- Retailers are moving out of city centers closer to their customers. (bloomberg.com)
China
- Wealthy Chinese continue to decamp to Singapore. (wsj.com)
- Federal agencies are removing TikTok from their devices. (axios.com)
- China's birth rate is in free fall. (washingtonpost.com)
Economy
- The February ISM manufacturing report is well below 50. (bonddad.blogspot.com)
- Why the economy has not yet tipped into recession. (theatlantic.com)
- Has the housing market already bottomed? (ft.com)
- Americans are still flocking to restaurants. (wsj.com)
- Why it's okay to be confused about the economy. (newyorker.com)
Earlier on Abnormal Returns
- Personal finance links: generational wealth. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: tipping behavior. (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)
