Quote of the Day
"Are things appreciably worse than they once were? Or, are we drowning in social media, a sea of clickbait emphasizing the outrageous and terrible over the fascinating and upbeat?"
(Barry Ritholtz)
Strategy
- Risk comes in many shapes and forms. (humbledollar.com)
- Rich people can take flyers on risky investments that you can't. (contessacapitaladvisors.com)
Finance
- Take note - Reg D filings are not reviewed by the SEC. (wsj.com)
- Why so many financial services companies introduce friction into the system. (bestinterest.blog)
Banking
- The pandemic did not kill off the credit card rewards business. (wsj.com)
- More people seeing their bank accounts closed without explanation. (nytimes.com)
Companies
- Certifying a global supply chain is complicated. (nytimes.com)
- Construction spending on U.S. manufacturing plants is at a record high. (wsj.com)
ETFs
- Blackrock ($BLK) is getting into the business of buffered ETFs. (finance.yahoo.com)
- White label ETF issuers are ready for mutual fund to ETF conversions. (etf.com)
AI
- Four questions startups using AI need to ask themselves. (tomtunguz.com)
- The case for pausing AI research doesn't hold water. (marginalrevolution.com)
- What you can use AI for today. (oneusefulthing.org)
Policy
- Members of Congress are as old as they have ever been. (fivethirtyeight.com)
- Clarence Thomas has accepted undisclosed luxury trips from a billionaire Republican donor. (propublica.org)
- Covid pandemic relief was an orgy of fraud. (csmonitor.com)
- Why are EpiPens still so expensive? (vox.com)
- By any measure, PEPFAR has been a huge success. (nytimes.com)
- Where Americans are moving to (and from). (axios.com)
- The perception of crime in American downtowns is worse than the reality. (vox.com)
Economy
- Hours worked are below where they were pre-pandemic. (msn.com)
- The economic schedule for the coming week. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Top clicks last week on the site. (abnormalreturns.com)
- What you missed in our Saturday 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)
