Quote of the Day
"So when we talk about the importance of analyzing our media consumption, it really is about analyzing yourself."
(Kyla Scanlon)
Strategy
- Nudges work when it comes to 401(k) participation. (ritholtz.com)
- Series I bonds have lost their luster. (wealthmanagement.com)
Finance
- Softbank is selling down its stake in Alibaba ($BABA). (ft.com)
- Twitter is including more data via cashtags using eToro. (blockworks.co)
- Converting a mutual fund to an ETF is no guarantee of success. (morningstar.com)
- Is the U.S. really overbanked? (ft.com)
Weight loss
- Ozempic is just the beginning when it comes to obesity drugs. (theatlantic.com)
- Demand for Mounjaro is growing for weight loss. (nytimes.com)
AI
- AWS wants a piece of the AI market. (wired.com)
- The latest Y Combinator class is full of AI startups. (businessinsider.com)
Global
- More signs that young Russians are fleeing the country. (semafor.com)
- Young Chinese are downgrading their career prospects for a more balanced life. (nytimes.com)
Economy
- Weekly initial unemployment claims have stopped going down and are headed back up. (calculatedriskblog.com)
- Properly measured inflation is already in check. (bonddad.blogspot.com)
- Inflationary pressures are cooling. (econbrowser.com)
- On the current state of the housing market, including record low listings. (calculatedrisk.substack.com)
Earlier on Abnormal Returns
- Longform links: life in Ukraine during war. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: life filters. (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 home ownership 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)
Mixed media
- Four lessons from Guy Spier including 'Have the courage to suck.' (blog.validea.com)
- Five insights from "Awaken Your Genius: Escape Conformity, Ignite Creativity, and Become Extraordinary" by Ozan Varol. (nextbigideaclub.com)
- Lessons from Scott Galloway on having the 'right amount' of fame. (profgalloway.com)