Quote of the Day
"Huang has his epic market run, he has his devotees, and he has his drip. The only thing that may hold him back from achieving the generational, public-facing stardom of Musk, Bezos, and Zuckerberg is the nature of Nvidia’s product."
(Ross Andersen)
Strategy
- What's the investment case for gold? (awealthofcommonsense.com)
- Investing is uncertainty. Pick your poison. (fortunesandfrictions.com)
- Drawdowns are the price of investing. (bestinterest.blog)
Finance
- Why Wall Street pushes alternatives: high fees. (wsj.com)
- Are structured products to blame for muted volatility? (ft.com)
- Launching a new ETF? Better have a catchy ticker. (ft.com)
Venture capital
- With SVB gone, which bank(s) are VCs and startups turning to? (on.ft.com)
- A Q&A with Ben Sun who has built Primary Venture Partners. (thegeneralist.substack.com)
- Startups are buying fewer startups. (news.crunchbase.com)
Restaurants
- How American restaurants have adapted to the post-Covid era. (theatlantic.com)
- Restaurants are getting squeezed by higher costs and a customer reluctance to pay higher prices. (wsj.com)
- Restaurants don't want your part of 6 (or 8). (wsj.com)
Economy
- The February NFP report shows continued jobs growth and a 3.9% unemployment rate. (calculatedriskblog.com)
- The household and establishment employment surveys differ. (bonddad.blogspot.com)
- Where does the real-time Sahm Rule stand. (econbrowser.com)
- How the Biden and Trump economies compare. (econbrowser.com)
Earlier on Abnormal Returns
- Podcast links: clear messaging. (abnormalreturns.com)
- What you missed in our Thursday linkfest. (abnormalreturns.com)
- Longform links: single AI answers. (abnormalreturns.com)
- The 2024 UBS Global Investment Returns Yearbook is here! (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)