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Quote of the Day
"I always tell people that the “passive” investing debate isn’t really about activity per se. It’s about tax and fee efficiency."
(Cullen Roche)
Fund management
- Don't look to the UK for successful active managers. (ft.com)
- A Texas-focused ETF is coming down the pike. (finance.yahoo.com)
- ETNs are not the same as ETFs. (barrons.com)
AI
- Why AI hasn't taken over Wall Street, yet. (wsj.com)
- How Qraft Technologies plans to limit access to its AI tools. (institutionalinvestor.com)
Companies
- Meta ($META) has a morale problem. (nytimes.com)
- Tempur Sealy's ($TPX) CEO really doesn't want to live in Lexington, KY. (ft.com)
- Microsoft ($MSFT) fans are having a moment. (vox.com)
Finance
- HSBC is hiring a slew of SVB bankers. (ft.com)
- Private equity is still pouring into the RIA space. (citywire.com)
- Here's one SPAC deal that turned out well for shareholders. (bloomberg.com)
Russia
- Not content with stealing grain, Russian forces are now cutting timber. (wsj.com)
- How the war has transformed border town Rzeszów, Poland. (ft.com)
Economy
- Why the Fed should hit the pause button. (ritholtz.com)
- Housing costs are holding up the CPI numbers. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Personal finance links: life filters. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: untruthful talk. (abnormalreturns.com)
- When non-profits forget who they were set up to serve. (abnormalreturns.com)
- As it is with most things in life, the answer to the homeownership question is: it depends. (abnormalreturns.com)
- Don't pooh-pooh the digital resources available at your public library. (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)
