Quote of the Day
"Investment junk food preys on this misconception. It tells us that things are changing and asks us why we are not doing anything about it."
(Joe Wiggins)
Chart of the Day
Remember when Apple ($AAPL) touched $3 trillion in market cap? It could happen again. (chart via @ycharts)
Markets
- Q1 2023 S&P 500 earnings held up pretty well. (axios.com)
- Bitcoin and tech stocks are diverging. (allstarcharts.com)
Strategy
- Why being bearish sounds smart. (awealthofcommonsense.com)
- Don't mistake investment junk food with the real thing. (behaviouralinvestment.com)
Meta
- Instagram is a building a Twitter clone. (liahaberman.substack.com)
- The EU is not happy with Facebook's data handling. (arstechnica.com)
Getting Unstuck
- David Epstein talks with Adam Alter author of "Anatomy of a Breakthrough: How to Get Unstuck When It Matters Most." (davidepstein.substack.com)
- An excerpt from "Anatomy of a Breakthrough: How to Get Unstuck When It Matters Most" by Adam Alter. (behavioralscientist.org)
Economy
- Is app-based tipping driving inflation higher? (ritholtz.com)
- Remember when there was talk of 'paying off the national debt'? (calculatedriskblog.com)
Earlier on Abnormal Returns
- Adviser links: complex things. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
- What everyone was reading last week on the site. (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)
