Quote of the Day
"We live in a world of such duplicity, lies, greed and avarice that seeing everyday people do everyday things is such a nice break."
(Om Malik)
Fund management
- Stock market concentration is an issue, but do you know better than the market? (morningstar.com)
- The active/passive dichotomy is played out. (larryswedroe.substack.com)
- How mutual funds differ from CITs. (bloomberg.com)
Prediction markets
- CFTC Chair Michael Selig says prediction markets and sportsbooks are "two separate things." (axios.com)
- How users with inside information seek to hide on prediction markets. (nytimes.com)
Private assets
- Is daily pricing going to mess with the private credit story? (bloomberg.com)
- Private infrastructure funds are by definition long lasting. (pitchbook.com)
- Fresh inflows into private credit funds are drying up. (ft.com)
Company reporting
- Companies would do well not to reduce reporting frequency. (ft.com)
- We don't need semi-annual company reports, we need real-time reports. (ritholtz.com)
Companies
- How ($ASML) created a global monopoly. (worksinprogress.news)
- Activist investors are piling into Hewlett Packard Enterprise ($HPE). (semafor.com)
- Eli Lilly ($LLY) is celebrating its 150th anniversary. (axios.com)
- Nike ($NKE) has a China problem. (wsj.com)
- McDonald's ($MCD) for the first time is putting its name on a stadium. (chicago.suntimes.com)
IPOs
- Fervo Energy ($FRVO) is now public. (techcrunch.com)
- A sign of the time: a red-hot Cerebras IPO. (morningstar.com)
- The big three IPOs keep tracking higher. (paulkedrosky.com)
- Rising San Francisco real estate prices highlight the AI boom. (bloomberg.com)
Data usage
- How AI will change residential data usage. (om.co)
- Is the future of data centers distributed? (cnbc.com)
- Are data centers actually good for localities? (nber.org)
- Joe Weisenthal and Tracy Alloway talk with Samanth Subramanian, the author of "The Web Beneath the Waves: The Fragile Cables That Connect Our World." (youtube.com)
Economy
- Wholesale prices are rising rapidly as well. (axios.com)
- These grocery store items have seen the biggest jump in prices. (flowingdata.com)
- One reason why inflation feels worse is because it it is hitting 'everyday items.' (econbrowser.com)
- The K-shaped economy is real. (bonddad.blogspot.com)
- What would happen to the deficit if we entered a recession? (apollo.com)
Earlier on Abnormal Returns
- Personal finance links: your specific circumstances. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: biased assumptions. (abnormalreturns.com)
- Don't miss a thing! Sign up for our daily e-mail newsletter. (abnormalreturns.com)
