Quote of the Day
“Nostalgia is history without guilt.” (via Morgan Housel)
(Svetlana Boym)
Strategy
- There's nothing magic about asset allocation. (obliviousinvestor.com)
- Do stocks really become less risky over the long run? (morningstar.com)
Companies
- Google ($GOOGL) is investing $2 billion in AI player Anthropic. (axios.com)
- Pharmaceutical companies are getting out to the consumer product business. (wsj.com)
- Fidelity has further marked down the value of their stake in Twitter. (axios.com)
Streaming
- Netflix ($NFLX) has reached 'utility status.' (profgalloway.com)
- We are clearly on the backside of the 'prestige television' era. (newyorker.com)
Earlier on Abnormal Returns
- Adviser links: demonstrating confidence. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
- Top clicks last week on the site. (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)
