Quote of the Day
"I can’t agree that Fartcoin serves no purpose. Its purpose is to enrage and demoralize those of us who spent decades studying financial markets, believing we were engaged in serious and useful work."
(Owen Lamont)
Strategy
- The Endowment Effect is sneaky. (safalniveshak.com)
- You may be less diversified than you think you are. (economist.com)
AI
- How Meta ($META) plans to monetize its AI efforts. (sherwood.news)
- Do we really want and/or need an AI-enhanced Reddit ($RDDT)? (theatlantic.com)
- Expect more leaps in AI capabilities. (tomtunguz.com)
- The AI backlash is real. (arstechnica.com)
Venture capital
- Venture capital fund performance has flatlined. (newcomer.co)
- Fewer seed-stage companies are raising Series A rounds. (news.crunchbase.com)
GLP-1s
- The GLP-1 effect: long new clothes, short junk food. (marketwatch.com)
- How food companies are adjusting to GLP-1 users. (sherwood.news)
Economy
- Still no sign of a pick up in weekly initial unemployment claims. (calculatedriskblog.com)
- Q4 real GDP increased at a 2.3% rate. (bonddad.blogspot.com)
Earlier on Abnormal Returns
- Longform links: cultural markers. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: household economics. (abnormalreturns.com)
- Why 'critical ignoring' is a crucial skill these days. (abnormalreturns.com)
- You can now follow us on Bluesky. (bsky.app)
- Are you signed up for daily e-mail newsletter? Well, you should. (abnormalreturns.com)
