Quote of the Day
"Picking trends is easy. Picking winners is hard."
(Jack Raines)
Chart of the Day
Why foreign investors have poured money in Japanese stocks of late. (chart via @ycharts)
Strategy
- Understanding seasonality can enlighten your view of the stock market. (theirrelevantinvestor.com)
- Why it is so hard to be a truly long term investor. (behaviouralinvestment.com)
- Why traditional diversification isn't enough. (morningstar.com)
Finance
- M&A volume has fallen off the table. (ft.com)
- Why auto insurance premiums are soaring. (barrons.com)
- How much is Tesla ($TSLA) worth? With this tool you can decide yourself. (wsj.com)
Funds
- Climate transition is the hot new flavor of climate funds. (morningstar.com)
- A profile of the founder of Tuttle Capital Management (etf.com)
Sports business
- The USFL and XFL are planning to merge. (nbcsports.com)
- Not every deal athletes sign with companies pay off, the case of BioSteel. (frontofficesports.com)
- How the Ryder Cup became a big business. (huddleup.substack.com)
- How the Savannah Bananas went mainstream. (frontofficesports.com)
- League One Volleyball is launching a new women's pro league next year. (axios.com)
Housing
- 30-year mortgage rates are at their highest level since 2000. (finance.yahoo.com)
- The total value of the U.S. housing market is 49% higher than before the pandemic. (zillow.com)
Economy
- Barry Ritholtz, "The nuanced, counterintuitive truth is that the pandemic presented policymakers with a series of terrible options. To their credit, they made the least bad choice." (ritholtz.com)
- Weekly initial unemployment claims are still quiescent. (bonddad.blogspot.com)
- The U.S. workforce is growing, but it isn't white Americans. (bloomberg.com)
Earlier on Abnormal Returns
- Longform links: remembering sentences. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: agency and power. (abnormalreturns.com)
- Netflix's DVD-by-mail business is winding up. (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)
