Quote of the Day
"Round numbers aren’t just distractions. They’re pitfalls. And yet we can’t get enough of them."
(Callie Cox)
Chart of the Day
Holding cash has historically been a losing proposition. (chart via @charliebilello)
Bitcoin
- MicroStrategy ($MSTR) is not done buying Bitcoin. (theblock.co)
- Higher Bitcoin prices isn't necessarily a boon for miners. (wsj.com)
Big Tech
- 'Amazon Haul' is another sign of the degradation of Amazon ($AMZN). (theatlantic.com)
- Hope springs eternal for an Apple ($AAPL) Television. (spyglass.org)
- How Trump tariffs could derail our ability to build tech. (stratechery.com)
AI
- Can AI companies really just scale their way to AGI? (generalist.com)
- How Hollywood scripts have ended up being used to train LLMs. (theatlantic.com)
- Are VCs going to see a payoff to their AI investments? (wsj.com)
- AI models are becoming cheaper as they scale up. (tomtunguz.com)
Autos
- Tesla ($TSLA) has the highest rate of fatal accidents among all auto brands. (roadandtrack.com)
- Ferrari ($RACE) is among the most visible and valuable global brands. (huddleup.substack.com)
Economy
- National homebuilder confidence rose in November. (calculatedriskblog.com)
- But the affordability problem isn't going anywhere. (bonddad.blogspot.com)
Earlier on Abnormal Returns
- Adviser links: a unique experience. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
- Top clicks last week on the site. (abnormalreturns.com)
- Have you signed up for daily e-mail newsletter? Well, you should. (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)
