Quote of the Day
"Walmart was always profitable, and Amazon lost money early on, but over time they converged a surprising amount."
(Byrne Hobart)
Crypto
- Four financial topics that are likely to come up at the Thanksgiving Day table, including Bitcoin. (optimisticallie.com)
- Mainstream financial firms are still chasing Bitcoin. (downtownjoshbrown.com)
- Don't kid yourself about the safety of crypto. (allisonschrager.substack.com)
Apple
- Nobody in Hollywood really knows what Apple ($AAPL) is doing. (spyglass.org)
- Why Apple ($AAPL) needs to take the home seriously. (sixcolors.com)
- How Apple ($AAPL) handles the apps they acquire. (daringfireball.net)
AI
- Amazon ($AMZN) is building its own AI chips. (bloomberg.com)
- Universities don't have the resources to stay on the cutting edge of AI. (bigtechnology.com)
- How AI will transform human learning. (raptitude.com)
Global
- Europe is going to have to rethink its defense spending. (on.ft.com)
- Russia keeps duping foreigners into fighting in Ukraine. (semafor.com)
- Criminal gangs are increasingly doing the dirty work for rogue nations like Russia and Iran. (wsj.com)
- The gender divide has fractured South Korean society. (politico.com)
Economy
- More signs of a cooling economy. (bloomberg.com)
- Another blow is coming to the child care industry. (ft.com)
- Why U.S. productivity growth is outpacing the rest of the world. (apricitas.io)
Earlier on Abnormal Returns
- Adviser links: a bull market in advice. (abnormalreturns.com)
- You can now follow us on Bluesky. (bsky.app)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
- Top clicks last week on Abnormal Returns. (abnormalreturns.com)
- Have you signed up for daily e-mail newsletter? Well, you should. (abnormalreturns.com)
