Quote of the Day
"Although line-item thinking can seem reasonable in isolation, it is often antithetical to good portfolio decision making."
(Joe Wiggins)
Tesla
- Tesla ($TSLA) is losing ground to BYD in China. (wsj.com)
- Tesla ($TSLA) isn't doing great in Europe either. (sherwood.news)
Finance
- All the trends working in Robinhood's ($HOOD) favor of late. (on.ft.com)
- Determining your own fees is a good gig for hedge funds. (bloomberg.com)
- Three reasons not include private assets in 401(k) plans. (advisorperspectives.com)
ETFs
- Fund managers are hell bent on shoving private assets into the ETF structure. (institutionalinvestor.com)
- Traders keep pouring money into leveraged long ETFs. (finance.yahoo.com)
Economy
- Residential construction employment and activity are diverging. (bonddad.blogspot.com)
- Inflation expectations differ by party identification. (econbrowser.com)
- Where unemployment is rising (and falling). (axios.com)
- Global trade flows are realigning, not decreasing. (klementoninvesting.substack.com)
Earlier on Abnormal Returns
- Research links: fighting for a better deal. (abnormalreturns.com)
- What you missed in our Monday linkfest. (abnormalreturns.com)
- Adviser links: different needs. (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)
Mixed media
- Cal Newport, "Digital communication eliminates most of the friction required to command other peoples’ time and attention toward your own benefit." (calnewport.com)
- How much should authors get paid to have their book ingested by AI? (bloomberg.com)
- Why applying for jobs online doesn't work. (hottakes.space)
