Quote of the Day
"The only way to win the “trend” game is by being early. Once it’s in the mainstream news, you’re too late."
(Jack Raines)
Chart of the Day
Should South Korea get promoted to developed country status? (chart via @ycharts)
Strategy
- Five common portfolio mistakes including 'portfolio sprawl.' (morningstar.com)
- What do sell-side analysts actually do? (capitalgains.thediff.co)
Companies
- Why Shopify ($SHOP) decided to out of the logistics business. (theinformation.com)
- Restaurant chain Cava ($CAVA) has priced its IPO. (cnbc.com)
- A hit product, like the InstantPot, doth not an enduring company make. (msn.com)
AI
- The story of how Microsoft ($MSFT) became the leader in AI. (bloomberg.com)
- How YouTube could help Google ($GOOGL) with its AI push. (theinformation.com)
- Is there an AI premium for startup valuations? (tomtunguz.com)
- AI-generated junk is flooding Etsy ($ETSY). (msn.com)
Fund management
- How restrictions on the use of ESG data in investing can backfire. (investmentnews.com)
- Amplify ETFs is acquiring ETF Managers Group. (etf.com)
Economy
- The change in weekly initial unemployment claims are are nearing recessionary levels. (bonddad.blogspot.com)
- Why the spread between mortgages and Treasuries are so wide right now. (calculatedrisk.substack.com)
Earlier on Abnormal Returns
- Longform links: internet sleuthery. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: running out of time. (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)
