Quote of the Day
"If you’re looking for answers in the same places as everyone else, be prepared for average results."
(Tom Morgan)
Chart of the Day
Tesla’s ($TSLA) investment in its charging network may be its biggest competitive advantage. (chart via @ycharts)
Markets
- Two reasons why the stock market has surged this year. (thereformedbroker.com)
- A round-up of recent charts including a surge in investor sentiment. (bilello.blog)
Strategy
- Investors have struggled to use TIPS funds effectively. (morningstar.com)
- How personality affects investor preferences. (portfoliocharts.com)
Finance
- Nasdaq ($NDAQ) is expanding its software footprint with the acquisition of Adenza. (wsj.com)
- JP Morgan Chase ($JPM) has come to an agreement with Jeffrey Epstein victims. (semafor.com)
Venture capital
- Y Combinator stands out among accelerators in value added. (institutionalinvestor.com)
- Salesforce ($CRM) Ventures is doubling down on AI investments. (news.crunchbase.com)
Real estate
- Any hopes for a WeWork ($WE) turnaround are pretty much gone. (nytimes.com)
- Hotel owners in San Francisco are beginning to hand over the keys to lenders. (wsj.com)
Economy
- Why year-over-year headline inflation will fall in May and June. (calculatedriskblog.com)
- Are consumer expenditures really going to tell us anything about a recession? (bonddad.blogspot.com)
Earlier on Abnormal Returns
- Adviser links: paying for advice. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
- Top clicks 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)
Mixed media
- A summer reading list including "Anatomy of a Breakthrough: How to Get Unstuck When It Matters Most" by Adam Alter. (behavioralscientist.org)
- A summer reading list for financial advisers including "Uncharted: How To Navigate The Future" by Virginian Heffernan. (kitces.com)
- A summer reading list including "The Wager: A Tale of Shipwreck, Mutiny and Murder" by Charles Grann. (fastcompany.com)
