Quote of the Day
"We worship Buffett, but we’re acting less and less like him. Because holding sounds simple, but it’s incredibly difficult in practice."
(Callie Cox)
Markets
- 2025 earnings estimates are coming down. (ft.com)
- How asset classes performed during prior recessions. (morningstar.com)
Warren Buffett
- Fans of Warren Buffett ignore the most important part of his playbook. (optimisticallie.com)
- Warren Buffett couldn't be any more different than Trump or Musk. (newyorker.com)
Crypto
- Strategy ($MSTR) continues to buy gobs of Bitcoin. (theblock.co)
- Strive wants in on the Bitcoin treasury biz trend. (riabiz.com)
- StockTwits is adding even more coverage of crypto with CryptoTwits. (howardlindzon.com)
- The iShares Bitcoin Trust ($IBIT) continues to dominate the category. (etf.com)
Trump
- Eric Lipton and David Yaffe-Bellany, "Under federal law, noncitizens are barred from donating to political campaigns. But nothing stops them from buying a $TRUMP memecoin." (nytimes.com)
- The Trump organization is striking deals left and right in the Gulf. (wsj.com)
- How the $MELANIA launch was different than $TRUMP. (ft.com)
Eggs
- Cal-Maine ($CALM) is cleaning up on the egg crisis. (wsj.com)
- Supply, demand and egg prices. (stlouisfed.org)
Global
- The Kurdistan Workers’ Party, i.e. P.K.K, is laying down its arms. (yahoo.com)
- What would an ambitious Australia look like? (kvetch.au)
- China's demographic crisis is accelerating. (bloomberg.com)
Economy
- The global trade engine doesn't turn on a dime. (emptywheel.net)
- Why businesses have a hard time planning in the new tariff age. (nytimes.com)
- The Port of Los Angeles is eerily quiet. (msn.com)
Earlier on Abnormal Returns
- Adviser links: something to avoid. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
- Top clicks last week on Abnormal Returns. (abnormalreturns.com)
- Are you financial advisor look for unique insights? Sign up for our advisor-focused weekly newsletter. (newsletter.abnormalreturns.com)
