Quote of the Day
“Corporate culture in our case is about intellectual honesty. Intellectual honesty to us means that we have the ability to be self-critical, that we have the ability to recognize we’ve made mistakes.”
(Jensen Huang circa 2003)
Markets
- Does the bond market have a data center concentration problem? (ft.com)
- How an Anthropic IPO will affect market concentration. (morningstar.com)
- Why are home builder stocks rallying? (trendlabs.com)
Nvidia
- Jensen Huang is out as Nvidia ($NVDA) CEO. (semafor.com)
- How some other CEO transitions have affected stock prices. (ft.com)
- Until today a lot of people were willing to overlook Huang's indiscretions. (theatlantic.com)
- A great reminder that companies like Nvidia ($NVDA) have a big, real world impact. (newsletter.platypuseconomics.com)
Regulators
- How the CFTC chair pushed through perps. (wsj.com)
- The SEC has dramatically decreased its enforcement actions. (ft.com)
Venture capital
- Jerry Neumann, "The biggest VC firms are spending their time on rollups and buyouts while firms that specialize in seed and early-stage are shrinking." (colossus.com)
- Startup founders spend a lot of time in the 'gray zone.' (howardlindzon.com)
India
- How is India's economy doing? (noahpinion.blog)
- Delhi has an air quality problem. (ft.com)
- Is India the anti-AI trade? (economist.com)
Stay in touch
- Don't miss a thing! Sign up for our daily e-mail newsletter. (abnormalreturns.com)
- Work in wealth management? Sign up for our exclusive Talking Wealth newsletter. (talkingwealthpod.com)
Economy
- Inflation seems embedded in the economy. (axios.com)
- Initial jobless claims remain at historically low levels. (bonddad.blogspot.com)
Earlier on Abnormal Returns
- Longform links: demographic assumptions. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: shrinking spending opportunities. (abnormalreturns.com)
