Quote of the Day
"The fact that Zuck has become obsessed with BJJ, to me, is a kind of rebuke of technology—an admission that he’s tired of the very tools he unleashed on the world."
(Sam Graham-Felsen)
Chart of the Day
Apple ($AAPL) and Microsoft ($MSFT) have spent the past 18 months getting near all-time highs. (via @allstarcharts)
Strategy
- Do alternatives belong in your portfolio? (morningstar.com)
- Why young people are at-risk of overtrading. (traderfeed.blogspot.com)
Companies
- Amazon ($AMZN) is building out the Amazon Hub Delivery. (axios.com)
- Dustin Moskovitz now owns a majority of shares in Asana ($ASAN). (cnbc.com)
- What the Musk-Zuckerberg spat tells us about technology. (slate.com)
Economy
- The Misery Index is falling rapidly. (axios.com)
- The Philadelphia Fed's State Coincident Indices are not pointing to a recession. (ritholtz.com)
- Why aren't higher interest rates tamping down more on the housing market? (nytimes.com)
Earlier on Abnormal Returns
- Adviser links: a decent place. (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)
