Quote of the Day
"This brings me to the only reason I think you should collect. Do not do it as an investment — shares are a much more dependable way of making money. Collect, instead, for the joy of it."
(Simon Edelsten)
Chart of the Day
The S&P 500 doesn’t have very much energy exposure at the moment. (chart via YCharts)
Strategy
- Ben Carlson "Constantly predicting the end times might help you gain subscribers but it doesn’t help people make money." (awealthofcommonsense.com)
- Who says bull markets can't be stressful? (tker.co)
- Things that are obvious, often aren't. (mrzepczynski.blogspot.com)
Companies
- Why Chipotle ($CMG) is splitting its stock 50:1. (wsj.com)
- Cruise line Viking has filed to go public. (renaissancecapital.com)
- Why the prospect of competing with Nvidia ($NVDA) is so daunting. (newcomer.co)
AI
- AI is going to change the world, and quickly (theirrelevantinvestor.com)
- Why AI will create more opportunities that it destroys. (seths.blog)
- How we work with AI will change over time. (tomtunguz.com)
Startups
- On the state of the Indian startup space. (blogs.cfainstitute.org)
- A new platform has launched to allow investors to trade stakes in private companies. (news.crunchbase.com)
Global
- What New Zealand is doing right on the housing affordability front. (apricitas.io)
- The ammunition situation in Ukraine is dire. (wsj.com)
- Lithuania has welcomed Russian dissidents but they have come along with their language. (nytimes.com)
- What this Italian province is doing to support and encourage families. (nytimes.com)
Policy
- How the effective end of abortion in Florida is going to affect women throughout the Southeast. (statnews.com)
- Why do electric vehicles inspire such vitriol? It's all about politics. (politico.com)
- Why more cities are turning against short-term rentals. (reasonstobecheerful.world)
- Not everyone can delay Social Security claiming. (crr.bc.edu)
- How Oregon's test of hospital price caps is working. (statnews.com)
- Why healthcare organizations are uniquely at-risk of cyberattacks. (econofact.org)
- What do states do with a revenue windfall? (papers.ssrn.com)
- 911 call centers are understaffed. (npr.org)
Economy
- Why the labor market still isn't tight. (disciplinefunds.com)
- What should an introductory economics class cover these days? (conversableeconomist.com)
- The economic schedule for the coming week. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Top clicks last week on the site. (abnormalreturns.com)
- What you missed in our Saturday linkfest. (abnormalreturns.com)
- Better investors make fewer decisions. (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)