Quote of the Day
"Stocks rarely perform in the time frames we predict, and it’s why the market only works for investors that have more patience than they thought they would ever need."
(Ian Cassel)
Crypto
- How Grayscale nabbed the coveted $BTC ticker. (axios.com)
- Clients are asking advisers about crypto. (wsj.com)
Finance
- Swearing on company conference calls is on the rise. (ft.com)
- ARMs are no longer a bargain. (wsj.com)
Media
- Hollywood is rethinking the value of mergers. (hollywoodreporter.com)
- Derek Thompson talks with Lucas Shaw about the end of the franchise formula. (open.spotify.com)
- Cable's decline is accelerating. (spyglass.org)
Sports
- Who is the proposed sports streaming service for? (wsj.com)
- Private equity is eyeing college sports. (institutionalinvestor.com)
- The PGA is upping its media game. (sportico.com)
Economy
- Still no sign of a sustained pickup in initial unemployment claims. (calculatedriskblog.com)
- Markets are, for now, expecting a June rate cut. (capitalspectator.com)
- The pandemic killed older Americans' desire to stay in the workforce. (bloomberg.com)
Earlier on Abnormal Returns
- Longform links: false empowerment. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: a shared home. (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)