Quote of the Day
‘The act of ‘not acting’ on a longer timeframe is made up of hundreds of small decisions that lead to the ultimate decision to ‘not act.’
(Vishal Khandelwal)
Markets
- The world has passed gold by. (advisorperspectives.com)
- Natural gas prices are wicked cheap. (wsj.com)
- Why everyone is now betting on a spot Bitcoin ETF. (ft.com)
Finance
- PE firms have a recruiting problem. (institutionalinvestor.com)
- The European market for IPOs is moribund. (ft.com)
- Sequoia Capital had to choose between China and the U.S. (wsj.com)
Fund management
- Do investors know what they are getting in the popular JPMorgan Equity Premium Income ETF ($JEPI)? (morningstar.com)
- Why have value investors gotten things wrong for so long? (brklyninvestor.com)
Warner Bros. Discovery
- Just how bad are things at Warner Bros. Discovery ($WBD)? This bad. (variety.com)
- TCM is seemingly on the chopping block. (npr.org)
Restaurants
- The all-you-can eat buffet is back from the dead. (nytimes.com)
- Why restaurant service is not back to normal yet. (wsj.com)
- Why we should all use restaurant kitchen lingo in real life. (sf.eater.com)
Economy
- Noah Smith, "If there’s one economic measure that has been unprecedentedly bad in the years since the pandemic, it’s real wages." (noahpinion.blog)
- Jobs growth has exceeded expectations since early 2022. (themoneyillusion.com)
- Why 2% is the right inflation target. (bloomberg.com)
Earlier on Abnormal Returns
- Personal finance links: not worrying about money. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: declaring structural breaks. (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)
