Quote of the Day
"Sometimes, the next Chipotle is, well, Chipotle. Or the next Microsoft is, Microsoft. I know we’ve spent a lot of time here looking at future BRKs, but sometimes, the next X is just X."
(The Brooklyn Investor)
Chart of the Day
Mattel ($MAT) has underperformed for awhile now. Can the ‘Barbie’ movie turn things around? (chart via @ycharts)
Markets
Strategy
- Professional investors do better when thinking long term. (sapientcapital.com)
- What exactly is the problem with index fund concentration? (ft.com)
Rates
- Higher for longer means investors can feast on short term rates. (disciplinefunds.com)
- Main street banks can no longer get away with paying under-market interest rates on deposits. (wsj.com)
Streaming
- Why Netflix ($NFLX) is likely to jump into the FAST market. (variety.com)
- Subtitling has become a big business. (hollywoodreporter.com)
- The streaming pullback is here. (wsj.com)
Threads
- Why Threads is gaining traction against Twitter. (slate.com)
- What Threads has going for it versus Twitter. (wired.com)
- Breaking down the differences between Twitter and Threads. (wsj.com)
- Some thoughts on Threads and Twitter. (howardlindzon.com)
- Threads, or not, the era of social media is over. (msn.com)
- Threads, just try it. (liahaberman.substack.com)
Economy
- The June NFP report showed an increase in 209,000 jobs and a 3.6% unemployment rate. (calculatedriskblog.com)
- Some weakness below the surface of the June report. (bonddad.blogspot.com)
- The long streak of better than expected NFP reports is over. (ft.com)
Earlier on Abnormal Returns
- Podcast links: in pursuit of low volatility. (abnormalreturns.com)
- What you missed in our Thursday linkfest. (abnormalreturns.com)
- Longform links: flawed time machines. (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)
