Quote of the Day
"Like Australia, the corporate world is filled with things that want to kill you."
(Tom Morgan)
Chart of the Day
A look at the S&P 500’s historically strong performance YTD.
Strategy
- Stocks and bonds have different fundamental drivers. (awealthofcommonsense.com)
- Scott Galloway talks with Josh Brown about the impact of rising interest rates. (thereformedbroker.com)
Finance
- Ted Seides, "NAV loans strike me as a canary in the coal mine signaling the end of the private equity boom." (capitalallocators.com)
- ExxonMobil ($XOM) is back to deal making in the shale patch. (breakingviews.com)
- Birkenstock ($BIRK) is now public. (cnbc.com)
Fund management
- DFA's value proposition has changed with its introduction of ETFs. (thinkadvisor.com)
- Why closed-end muni funds are having a tough time of it. (wsj.com)
- Despite the gloomy talk, ESG isn't dead. (ft.com)
Michael Lewis
- Michael Lewis says SBF was a 'serial withholder.' (time.com)
- Michael Lewis has staked out a highly contrarian view on SBF. (newyorker.com)
- Where Michael Lewis went wrong. (ofdollarsanddata.com)
Economy
- Falling commodity prices are no longer going to be a tailwind. (bonddad.blogspot.com)
- Homebuilders are increasingly building ADUs to expand opportunities. (wsj.com)
Earlier on Abnormal Returns
- Personal finance links: optimizing wealth strategies. (abnormalreturns.com)
- The current ETF market provides something for everyone. (abnormalreturns.com)
- Dying with zero: the life of Charles Feeney. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: an attractive business model. (abnormalreturns.com)
- Sub-3% mortgage rates are now a distant memory. (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)
