Quote of the Day
"The sad truth is investors are more likely to go ‘all in’ with an awful hand and fold a great one."
(Joe Wiggins)
Strategy
- How you implement a commodities allocation matters. (morningstar.com)
- Two things you probably don't need to worry about, including index concentration. (awealthofcommonsense.com)
- Closed-end funds have always been problematic. Now include the Destiny Tech 100 ($DXYZ) fund. (axios.com)
IPOs
- Climate tech has an IPO problem. (semafor.com)
- Investors have waited a long time for the IPO window to reopen. (wsj.com)
- Google ($GOOGL) is accelerating its AI chip efforts. (wsj.com)
- To succeed in AI, Google ($GOOGL) needs a new business model. (stratechery.com)
Companies
- Apple ($AAPL) is ramping up iPhone production in India. (cnbc.com)
- SpaceX's Starlink service is growing rapidly, but isn't profitable yet. (finance.yahoo.com)
- This study shows which companies still tend to discriminate based on race. (nytimes.com)
- Can China benefit from Boeing's ($BA) woes? (sherwood.news)
Real estate
- Downtown St. Louis has a big, and growing, real estate crisis. (wsj.com)
- Is is possible to turn old malls into housing? (vox.com)
Economy
- The March CPI report came in hot. (calculatedriskblog.com)
- Core CPI isn't budging. (axios.com)
- A look at the term spread indicator over the past century. (econbrowser.com)
Earlier on Abnormal Returns
- Personal finance links: a psychological decision. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: bond laddering. (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)