Quote of the Day
"It’s hard to watch and not feel like you’re missing out. FOMO is not evenly distributed. The more online you are, the likelier you are to feel it."
(Michael Batnick)
Chart of the Day
Digital gold, i.e. Bitcoin, and actual gold just hit all-time highs. (chart via YCharts)
Markets
Strategy
- Being right is more important than being first. (microcapclub.com)
- Being fearful is no way to invest. (dariusforoux.com)
- Why you should write more. (investmenttalk.co)
Crypto
- Spot Bitcoin ETFs are raking in the assets. (wsj.com)
- Microstrategy ($MSTR) is trading at a big premium to its Bitcoin holdings. (barrons.com)
- The IRS is going to start taking a closer look at crypto. (cnbc.com)
- Can you really compare the value of crypto to anything else, like Apple ($AAPL)? (scheplick.com)
Alts
- Are multi-strategy hedge funds way too popular at this point? (caia.org)
- On the growing importance of private equity secondary transactions. (linkedin.com)
Pharma
- Pfizer ($PFE) is feeling a Covid era hangover. (downtownjoshbrown.com)
- Bayer is not splitting up into three companies, for now. (biopharmadive.com)
Economy
- Heavy truck sales increased in February. (calculatedriskblog.com)
- Office vacancy rates are only going up. (apolloacademy.com)
Earlier on Abnormal Returns
- Research links: frequent disappointments. (abnormalreturns.com)
- The 2024 UBS Global Investment Returns Yearbook is here! (abnormalreturns.com)
- What you missed in our Monday linkfest. (abnormalreturns.com)
- Adviser links: a reliable support system. (abnormalreturns.com)
- Are you a financial adviser looking for some out-of-the-box thinking? Then check out our weekly e-mail newsletter. (newsletter.abnormalreturns.com)