Quote of the Day
"When someone is very eager to sell you something because they have run out of other people to sell it to, you should maybe be a little skeptical."
(Luke Kawa)
Chart of the Day
The semiconductor sector continues to take market cap share. (via @mattcerminaro)
Behavior
- Outcome bias is another way we fool ourselves. (safalniveshak.com)
- Simple changes can have a big effect on decision making. (klementoninvesting.substack.com)
- For everyone, trying new stuff is hard. (allstarcharts.com)
Crypto
- Bitcoin treasury companies are coming up with their own metrics. (ft.com)
- Peter Thiel’s Founders Fund bought a 9.1% stake in BitMine Immersion Technologies ($BMNR). (sherwood.news)
MP
Food
- Taco Bell sells 100 million Crunchwraps a year. (sherwood.news)
- How the protein boom is affecting the dairy industry. (nytimes.com)
- Goodles is positioning itself as a healthier mac and cheese alternative. (wsj.com)
- Uncrustables is getting a healthier competitor. (cnbc.com)
China
- The U.S. is rapidly losing ground to China in key technologies. (nytimes.com)
- Why Chinese college students are increasingly getting Master's degrees. (msn.com)
- Another way that China's stock market is different. (ft.com)
Economy
- How will ICE raids affect the economy? (on.ft.com)
- Central banks are independent for a reason. (axios.com)
Earlier on Abnormal Returns
- Personal finance links: not doing stupid stuff. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: the costs of index replication. (abnormalreturns.com)
- Don't miss a thing! Sign up for our daily e-mail newsletter. (abnormalreturns.com)
