Quote of the Day
"All portfolios are subject to a certain degree of entropy over time. They require regular pruning to avoid degenerating into mutual fund salad."
(Demonetized)
Strategy
- A big regime shift has happened in the economy and financial markets. (ritholtz.com)
- Rapid company growth comes with its own risks. (onveston.substack.com)
- Not all share buybacks are created equal. (investmenttalk.co)
Finance
- Poor recent performance has put the IPO market back on ice. (finance.yahoo.com)
- Banks are still sitting on the Twitter debt they underwrote. (wsj.com)
Apple
- Apple ($AAPL) is boosting existing subscription prices including Apple TV+. (sixcolors.com)
- The new Vision Pro could have mental health applications. (theinformation.com)
- Why Apple ($AAPL) isn't at the forefront of AI. (daringfireball.net)
- The iTunes brand was once a big deal for Apple ($AAPL). (intego.com)
- Why is Apple's ($AAPL) weather app so bad? (vox.com)
Fund management
- Why the biggest money managers are updating their money market mutual fund prospectuses to allow for liquidity fees. (riabiz.com)
- What does the introduction of the gold ETF tell us about the prospects for Bitcoin? (blockworks.co)
Economy
- Q3 GDP nowcasts still show robust growth. (capitalspectator.com)
- A low consumer confidence index is not the same as a recession. (econbrowser.com)
- The new and existing home markets have diverged. (bonddad.blogspot.com)
Earlier on Abnormal Returns
- Personal finance links: avoiding panicky financial decisions. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: the impact of finfluencers. (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)
