Quote of the Day
"The notion that anyone can ‘make it’ if they’re passionate and ‘grind enough’ ignores a more brutal truth."
(Adam Singer)
Chart of the Day
Bitcoin for the first time has topped $100,000. (chart via StockCharts)
Strategy
- Diversification still matters. (novelinvestor.com)
- How to combat confirmation bias. (safalniveshak.com)
Art Cashin
Companies
Fund management
- BlackRock ($BLK) will soon oversee almost $600 billion of alternative assets. (finance.yahoo.com)
- Why Bridgewater Associates is teaming with SSGA to target retail investors. (riabiz.com)
ESPN
- Do Disney+ users really want ESPN content in their feeds? (spyglass.org)
- The launch of ESPN 45 years ago really was a long shot. (nymag.com)
Cybersecurity
- China likely has the ability to listen to your phone calls. (nbcnews.com)
- A tool that can scan your phone for spyware. (wired.com)
Economy
- Heavy truck sales increased in November. (calculatedriskblog.com)
- Weekly initial unemployment claims ticked a bit higher. (bonddad.blogspot.com)
- More Americans want to switch jobs. (wsj.com)
Earlier on Abnormal Returns
- Longform links: Silicon Valley innovation. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: taking your time. (abnormalreturns.com)
- You can now follow us on Bluesky. (bsky.app)
- Have you signed up for daily e-mail newsletter? Well, you should. (abnormalreturns.com)
