Quote of the Day
"Success is a function of breadth and depth. We need enough variety to keep life interesting and stimulating; we need enough depth to make our efforts not just successful, but meaning-full."
(Brett Steenbarger)
Strategy
- Vishal Khandewal, "Most investment mistakes aren’t failures of information. They’re failures of judgment" (safalniveshak.com)
- What makes for an ideal industry to invest in? (fortunefinancialadvisors.com)
- RIP, FCOJ. (axios.com)
Crypto
- Strategy ($MSTR) changed its name just about a year ago. (trendlabs.com)
- Bitcoin volatility is the norm. (capitalspectator.com)
Prediction markets
- A Q&A with Tarek Mansour, co-founder and CEO of Kalshi. (giftarticle.ft.com)
- How professional bettors are adjusting to the rise of prediction markets. (bloomberg.com)
- Will prediction market participants do something more than bet on sports? (theatlantic.com)
- Are prediction markets and sports books going to remain distinct businesses? (frontofficesports.com)
AI
- A look at just how fast AI demand is growing. (tomtunguz.com)
- A look the scale of the cloud computing backlog. (sherwood.news)
- Software stocks are acting as if AI is an existential threat. (newcomer.co)
- The AI.com domain just changed hands for big bucks. (ft.com)
- How AI is 'seeping into the economy.' (fasterplease.substack.com)
Economy
- The number of open jobs continues to fall. (axios.com)
- Companies anticipate using AI more in the future. (sherwood.news)
Earlier on Abnormal Returns
- Podcast links: advice for living. (abnormalreturns.com)
- What you missed in our Thursday linkfest. (abnormalreturns.com)
- Longform links: variations in performance. (abnormalreturns.com)
- Don't miss a thing! Sign up for our daily e-mail newsletter. (abnormalreturns.com)
