Quote of the Day
"Tackling the hard thing first gets you to “no” faster."
(Annie Duke)
Strategy
- The case for international diversification still holds. (awealthofcommonsense.com)
- Some lessons from the 2023 Berkshire Hathaway ($BRK.A) annual meeting. (novelinvestor.com)
- What will your investing obituary say? (blog.validea.com)
Crypto
- Why are meme coins having another go at it? (thisisthetop.substack.com)
- The city of Miami is kind of done with crypto. (wsj.com)
- Grayscale has filed for three new crypto ETFs. (blockworks.co)
- RIP, Metaverse hype. (businessinsider.com)
- Facebook users are rapidly aging. (news.yahoo.com)
- Vietnam's government runs roughshod over critics on Facebook. (restofworld.org)
Ukraine
- How Ukrainians are transforming off the shelf drones into lethal weapons. (nytimes.com)
- How Russia's war has transformed/destroyed the city of Kharkiv. (vox.com)
Economy
- April CPI came in at 0.4% driven, in part, by shelter prices. (calculatedriskblog.com)
- The Fed should probably give up on the 2% inflation target. (ritholtz.com)
- Data matters, but ultimately the people at the Fed make policy decisions. (stayathomemacro.substack.com)
Earlier on Abnormal Returns
- Personal finance links: paying for the life you want. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: ignoring regret. (abnormalreturns.com)
- Everybody is a creator, whether they acknowledge it or not. (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)
