Quote of the Day
"[Jim] Cramer has been blamed for a lot that’s wrong in the world, whether or not he was actually responsible."
(Kevin T. Dugan)
Chart of the Day
The Grayscale Bitcoin Trust ($GBTC) is catching a bid on increased spot Bitcoin ETF talk. (chart via @ycharts)
Strategy
- Avoiding big errors plays a big role in investment success. (ritholtz.com)
- In a portfolio context, cash is a double-edged sword. (morningstar.com)
Crypto
- WisdomTree ($WT) and Invesco ($IVZ) are re-filing for a spot Bitcoin ETF in light of Blackrock's ($BLK) move. (theblock.co)
- Good luck coming up with a model to value Bitcoin. (morningstar.com)
- The Grayscale Bitcoin Trust ($GBTC) is catching a bid on increased spot Bitcoin ETF talk. (wsj.com)
Apple
- Apple ($AAPL) is already utilizing AI, it's just not showing you how. (msn.com)
- What Apple ($AAPL) didn't reveal about the Vision Pro. (theinformation.com)
Companies
- 3M ($MMM) is beset with legal difficulties. (wsj.com)
- The FTC has sued Amazon ($AMZN) over how it signs people up for Amazon Prime. (theverge.com)
- Netflix ($NFLX) is seeing a sustained boost from its password crackdown. (variety.com)
Alternatives
- SoftBank CEO Masayoshi Son is now focused on AI. (ft.com)
- Tiger Global wants to offload some of its private portfolio positions. (pitchbook.com)
- The founders of Two Sigma Investments are at loggerheads. (wsj.com)
- So is the leadership at Blue Owl Capital ($OWL). (axios.com)
Fund management
- Global ETF assets under management are at a new record $10.32 trillion. (ft.com)
- Boaz Weinstein of Saba Capital is battling with the country's biggest money managers over closed-end fund management. (risk.net)
- Have active ETFs finally hit their stride? (citywire.com)
Earlier on Abnormal Returns
- Personal finance links: framing wealth. (abnormalreturns.com)
- Why we all need regular doses of Vitamin O, i.e. optimism. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: why size doesn't matter. (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)
