Quote of the Day
"BRK [Berkshire Hathaway] may not lose as much as we think in terms of Buffett stepping back, but may have a lot to gain by Abel, perhaps doing things that Buffett would never do."
(The Brooklyn Investor)
Markets
- Energy and materials are the leading sectors YTD. (capitalspectator.com)
- More evidence that markets move faster than ever. (awealthofcommonsense.com)
Forecasting
- Prediction markets seem to do a good job forecasting economic outcomes. (nytimes.com)
- AI researchers are now focusing on making predictions. (theatlantic.com)
Finance
- Does AI pose a risk to the Bloomberg Terminal? (rupakghose.substack.com)
- Strive's ($ASST) Bitcoin holdings are underwater. (riabiz.com)
- Nearly 20% of FTSE companies are run by executives based outside the UK. (ft.com)
Private markets
- How does 'NAV squeezing' work? (thealtview.substack.com)
- Continuation vehicles have changed how private equity does business. (caia.org)
- Nasdaq has launched Nasdaq Private Capital Indexes to benchmark the performance of private market funds. (wealthmanagement.com)
ETFs
- The line between active and passive ETFs is blurring. (morningstar.com)
- If you are going to go active, ETFs are the way. (morningstar.com)
Immigration
- American workers are not replacing displaced immigrant workers. (nytimes.com)
- Fewer immigrants means fewer health care workers. (marginalrevolution.com)
Jobs
- The January NFP report was surprisingly good. (bonddad.blogspot.com)
- Still no sign of a pick up in manufacturing employment. (econbrowser.com)
- Revisions show jobs growth in 2025 was worse than previously thought. (stayathomemacro.substack.com)
Economy
- Recent economic data is coming in better than expected. (apolloacademy.com)
- Two signs of household financial stress. (econbrowser.com)
- Capital keeps winning in its battle with labor. (axios.com)
Earlier on Abnormal Returns
- Personal finance links: money movements. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: Bitcoin myths. (abnormalreturns.com)
- Don't miss a thing! Sign up for our daily e-mail newsletter. (abnormalreturns.com)
