Quote of the Day
"What is the best evidence of a well-calibrated, humble investor? Sensible diversification."
(Joe Wiggins)
Markets
- Have we entered a new era for interest rates? (bonddad.blogspot.com)
- Why yield curve disinversions matter. (econbrowser.com)
Strategy
- The U.S. economy is spending less time in recession. Markets are paying attention. (awealthofcommonsense.com)
- How U.S. capital markets have devolved over time. (disciplinefunds.com)
- Investing is hard because the future is uncertain. (behaviouralinvestment.com)
AI
- Hype, headlines and Stargate. (spyglass.org)
- Google ($GOOGL) is making an additional investment in Anthropic. (ft.com)
Finance
- Why PE managers are tapping non-traditional sources of capital, like financial advisers. (capitalallocators.com)
- What is 'parametric insurance' and what does it cover? (hbr.org)
California
- California has been driving innovation for a century. (scottsumner.substack.com)
- The real story on California's minimum wage. (ritholtz.com)
Agency
- Attention is the new currency, but that doesn't mean you should join in. (ofdollarsanddata.com)
- Cate Hall, "Burnout is the ultimate agency-killer." (every.to)
- Work-life balance doesn't last for long. (joylere.substack.com)
Earlier on Abnormal Returns
- Personal finance links: a process of discovery. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: taking responsibility. (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)
