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Quote of the Day
"There is no single technological precedent that does justice to the rapid advancement and the bewildering scope of generative AI systems."
(Tim Harford)
Crypto
- Memecoins are soaring. (theblock.co)
- A skeptical take on crypto, and using factors for crypto investing. (ft.com)
Brokers
- WeBull is going public via a SPAC deal. (wsj.com)
- Robinhood ($HOOD) wants to provide IRAs to gig workers. (investmentnews.com)
Finance
- Banks are now lending to private credit funds. (semafor.com)
- Why Goldman Sachs ($GS) trades at a discount to the stock market. (bloomberg.com)
- Emerging hedge fund managers are finding fundraising challenging. (institutionalinvestor.com)
Celebrity
- Oprah is exiting the WW International ($WW) board. (variety.com)
- Shaq helped save Papa John's ($PZZA). Now he is moving on. (thetakeout.com)
Television
- The Vision Pro is THE Apple ($AAPL) Television. (spyglass.org)
- Is your TV resolution already too good? (theatlantic.com)
Global
- Western countries are debating what to do with Russia's frozen assets. (economist.com)
- Russia's war on Ukraine is, in part, a war on its culture. (theconversation.com)
- Why South Korean women are having fewer babies. (bbc.com)
- Japan's marriage rate is at historic lows. (semafor.com)
Economy
- Personal income and spending were healthy in January. (bonddad.blogspot.com)
- Multi-family delinquencies are on the rise. (calculatedrisk.substack.com)
- Where population is growing the fastest in the U.S.? (apolloacademy.com)
Earlier on Abnormal Returns
- Longform links: basketball’s oldest tradition. (abnormalreturns.com)
- Five thoughts on the power of letting go. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: a healthy relationship with money. (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)
