Quote of the Day
"Markets are designed to test your patience, and staying the course – especially during turbulent times – can be incredibly difficult, even for professional investors and traders."
(Blake Millard)
Strategy
- Joe Wiggins, "Many of the behaviours that have made humans such a successful species, also make it difficult to be good, long-term investors." (behaviouralinvestment.com)
- Ten lessons from Warren Buffett including 'Capitalism and ethics can (and should) coexist.' (advisorperspectives.com)
- The best investors do less. (rogersplanning.blogspot.com)
Crypto
- The BIS is no fan of stablecoins. (ft.com)
- Procap is already buying Bitcoin. (theblock.co)
- Why Semler Scientific ($SMLR) shifted to Bitcoin. (statnews.com)
Fund management
- A look at the state of semi-liquid alternative funds. (morningstar.com)
- Good luck maintaining firm culture as your asset management firm grows. (investmentecosystem.com)
Law
- Non-equity partners in Big Law are increasingly common. (ft.com)
- Legal LLM Harvey raised $300 million at a $5 billion valuation. (finance.yahoo.com)
- How law firms can utilize AI. (news.crunchbase.com)
Protein
- Food companies need to stop putting extra protein into everything. (theatlantic.com)
- Coca-Cola ($KO) is getting a boost from its Fairlife milk business. (sherwood.news)
Economy
- Why housing has a big impact on the overall economy. (awealthofcommonsense.com)
- Case-Shiller housing numbers showed a 2.7% annual return for April. (calculatedriskblog.com)
- Housing is a tailwind for CPI. (bonddad.blogspot.com)
Earlier on Abnormal Returns
- Research links: reducing uncertainty. (abnormalreturns.com)
- What you missed in our Monday linkfest. (abnormalreturns.com)
- Adviser links: all shapes and sizes. (abnormalreturns.com)
- Don't miss a thing! Sign up for our daily e-mail newsletter. (abnormalreturns.com)
