Quote of the Day
"Our attention is finite, and the more we divert it to sensationalist lies, the more that we aid and abet actual conspiracies and corruption that warrant harsh public scrutiny."
(Brian Klass)
Strategy
- Diversification is more than just owning a lot of stocks. (fortunefinancialadvisors.com)
- What defines a group that makes high quality decisions? (behaviouralinvestment.com)
Alternatives
- Charles Schwab ($SCHW) views alternatives as a (big) opportunity. (riabiz.com)
- JP Morgan Asset Management is refocusing its alternatives business. (institutionalinvestor.com)
Retail
- Walgreens ($WBA) is closing some 1,200 stores. (npr.org)
- True Value Hardware is in bankruptcy. (finance.yahoo.com)
- The last Kmart store is closing. (nytimes.com)
Companies
- Private equity is pouring money into HVAC and plumbing businesses. (wsj.com)
- Some brands have entered their DGAF phase. (fastcompany.com)
- AI is coming to 'optimize' work schedules. (slate.com)
Global
- Rally aside, are Chinese stocks really investable? (economist.com)
- Governments are finding it difficult to boost birth rates. (wsj.com)
Economy
- The wealth effect helped keep us out of recession in 2022. (awealthofcommonsense.com)
- Household balance sheets are in good shape. (bonddad.blogspot.com)
- Why inflation hit different this cycle. (mrzepczynski.blogspot.com)
- How AI could boost productivity. (fasterplease.substack.com)
Earlier on Abnormal Returns
- Research links: a constant struggle. (abnormalreturns.com)
- What you missed in our Monday linkfest. (abnormalreturns.com)
- Adviser links: family crises. (abnormalreturns.com)
- Celebrating our nineteenth blogiversary. (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)
