Quote of the Day
"While there’s nothing wrong with providing more investment options, new and interesting doesn’t always equate to strong merit."
(Daniel Sotiroff)
Chart of the Day
Why the 200 day moving average matters. (chart via YCharts)
Crypto
- Fidelity Investments is planning to launch its own stablecoin. (ft.com)
- Gamestop ($GME) has joined the Bitcoin balance sheet trend. (sherwood.news)
Private equity
- Private equity will not rest until they have access to your 401(k) account. (bloomberg.com)
- McKinsey & Co. with their 2025 report on private equity performance. (mckinsey.com)
ETFs
- Buffer ETFs are no great innovation. (msn.com)
- The big custodians are dependent on cash sweep revenue. (riabiz.com)
- Private assets in an exchange traded fund is an oxymoron. (morningstar.com)
Search
- Making the case for swapping Google ($GOOGL) search for AI. (wsj.com)
- How you bake confirmation bias into your search. (arstechnica.com)
- The behavior around search is changing. (spyglass.org)
Entertainment
- How Apple ($AAPL) has botched the marketing of Apple TV+. (spyglass.org)
- Sesame (Street) Workshop is up against it. (nytimes.com)
- Broadway is having a moment. (axios.com)
Earlier on Abnormal Returns
- Personal finance links: impractical advice. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: disappointing backtests. (abnormalreturns.com)
- You can now follow us on Bluesky. (bsky.app)
- Are you signed up for daily e-mail newsletter? Well, you should be. (abnormalreturns.com)







