Quote of the Day
"By sharing your best work on the right platform, you can forge valuable connections with future clients, employers, and investors who otherwise wouldn’t have known you existed."
(Jack Raines)
Chart of the Day
(biopharmadive.com)Strategy
- Passive investors don't change relative prices. (bloomberg.com)
- A good outcome doesn't necessarily mean it was a good decision. (novelinvestor.com)
- Don't change your asset allocation in response to a market pullback. (rogersplanning.blogspot.com)
Crypto
- The Grayscale Bitcoin Trust ($GBTC) continues to leak assets. (wsj.com)
- Bitcoin is whatever you want it to be. (coindesk.com)
Companies
- How Amazon ($AMZN) gathers info on its competitors. (wsj.com)
- Meta ($META) is rolling out its AI assistant platform everywhere. (engadget.com)
IPOs
- Why companies are staying private for longer. (economist.com)
- Ibotta ($IBTA) is now public. (fastcompany.com)
Startups
- Great companies create markets, not the other way around. (tomtunguz.com)
- How to best use SAFE notes. (news.crunchbase.com)
Finance
- Americans are moving their cash, putting pressure on the big banks. (bloomberg.com)
- Private equity firms are upping their stakes in new buyout funds. (bloomberg.com)
- Just how big is Jane Street? This big. (on.ft.com)
GLP-1 drugs
- Eli Lilly's ($LLY) Zepbound seemingly works for sleep apnea as well. (marketwatch.com)
- We really don't know the long-term effects of GLP-1 use. (theatlantic.com)
- Women on GLP-1 drugs are also seeing increased fertility. (bloomberg.com)
Global
- How Sweden became a standout stock market in Europe. (ft.com)
- Frozen Russian assets could soon pay for Ukraine's defense. (economist.com)
Economy
- Weekly initial unemployment claims have essentially been in a range for the past two years. (bonddad.blogspot.com)
- A rate cut has been pushed out to September. (capitalspectator.com)
- How different measure of consumer inflation compare. (econbrowser.com)
Earlier on Abnormal Returns
- Longform links: an age of misinformation. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: keeping your focus. (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)