Quote of the Day
"There is one golden rule of investing: If someone tells you they can beat the market without taking on more risk, you should not invest in whatever they are selling."
(Allison Schrager)
Strategy
- Wealthy Americans invest a lot in alternatives, but that doesn't mean you need to. (ofdollarsanddata.com)
- The case against concentrated funds. (behaviouralinvestment.com)
Finance
- T+1 is here. (finance.yahoo.com)
- London wants to regain its spot atop the finance game. (nytimes.com)
- How the PE slowdown affects investors downstream. (ft.com)
Companies
- Apple and Amazon have both missed an opportunity in AI. (spyglass.org)
- Another company is pulling from the MicroStrategy ($MSTR) Bitcoin playbook.. (blockworks.co)
Global
- The prospects for space warfare are growing. (wsj.com)
- The Suez Canal is effectively closed to shipping. (ft.com)
- Modi's government harasses opponents in the U.S. (vox.com)
Economy
- Through March 2024, Case-Shiller home prices increased some 6.5%. (calculatedriskblog.com)
- Teenagers are working more. (axios.com)
- AI is unlikely to boost productivity all that much. (ft.com)
- Surveys are not the economy, and vice versa. (stayathomemacro.substack.com)
Earlier on Abnormal Returns
- Research links: social phenomena. (abnormalreturns.com)
- Adviser links: sustainable niches. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
- Top clicks last week on the site. (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)
