Quote of the Day
"Really, risk is synonymous with vulnerability, and vulnerability is a necessary component in the pursuit of anything meaningful."
(Jack Raines)
Markets
- The S&P 500 ended up Q1 2024 up 10.56%. (on.spdji.com)
- Trump Media ($DJT) isn't a meme stock, it's a cryptocurrency. (morningstar.com)
Strategy
- There are no guarantees in life. Risk is everywhere. (youngmoney.co)
- In praise of sub-optimal portfolios. (awealthofcommonsense.com)
AI
- A Q&A with Demis Hassabis about Google's AI efforts. (bigtechnology.com)
- AI-generated content is already polluting the web. (nytimes.com)
- Why now is a great time to be an AI expert. (wsj.com)
Sports gambling
- The sports gambling backlash is growing. (wsj.com)
- There are two problems with sports betting: for the bettors and the sports themselves. (newyorker.com)
- The sports betting industry is going to have to pull back the reins before someone else does. (sportico.com)
Economy
- The American consumer is spending like crazy. (wapo.st)
- How bad is wealth inequality in the U.S.? (awealthofcommonsense.com)
Earlier on Abnormal Returns
- Podcast links: the introvert economy. (abnormalreturns.com)
- What you missed in our Thursday linkfest. (abnormalreturns.com)
- Longform links: enduring communication. (abnormalreturns.com)
- Everything has an opportunity cost, everything. (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)