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Thursday links: underestimating risk

Abnormal Returns

Active management Why asset allocators usually fail when it comes to manager selection. sportico.com) Economy National homebuilder confidence dropped in November. newsletter.abnormalreturns.com) Mixed media Apple ($AAPL) is planning to adopt the RCS (Rich Communication Services) messaging standard.

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Tuesday links: off-base oracles

Abnormal Returns

honest-broker.com) Prior social media companies were built on the fly. axios.com) Space Viasat's new $700 million communications satellite is likely a full write-off. morningstar.com) Strive Asset Management is toning down its anti-woke agenda. economist.com) Economy Industrial production fell in June 2023.

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Tuesday links: acute inefficiencies

Abnormal Returns

portfoliocharts.com) Safe assets aren't safe if there is a duration mismatch. ft.com) Social media will change any future financial crisis. ft.com) SVB failed in its communication strategy. engadget.com) Economy February CPI showed 6.0% Strategy What investing lessons can we cull from the downfall of SVB? vox.com)

Startup 199
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Sunday links: a keen awareness

Abnormal Returns

nytimes.com) The former Boston Private money management arm of SVB is a prized asset. theatlantic.com) Economy The jobs market is simultaneously hot and cold. tker.co) Five reasons why pundits continue to underestimate the economy including 'Covid's effects are weird and wild and hard to understand.' drorpoleg.com)

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10 Friday AM Reads

The Big Picture

disinflation sweeps through 2023, without a cratering of employment or the wider economy so far, the narrative is shifting again – and encouraging hopes that bruising central bank tightening may be short-lived too. My end-of-week morning train WFH reads: • Inflation undershoot? Narrative shifts again. But as impressive U.S.

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KPIT Technologies Vs Tata Elxsi – Financials, Future Plans & More

Trade Brains

The company entered into development and engineering service providers in automotive, media, broadcast, communications, and healthcare. Their solutions include Distribution, delivery, and Ad monetization for Media and OTT service providers. KPIT and Elxsi have Net Profit Margins (NPM) of 11.5% and 24.01% in FY23.

Planning 105
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NOW 2018 | Free Trade, Tariffs and Trouble

Brown Advisory

This battle isn’t being fought in classrooms or among academics (most economists view free trade as broadly beneficial for the global economy), but on the front lines of social media. Social media has enabled extreme views on trade to become a part of mainstream thinking. Carla Hills, a former U.S. businesses and major U.S.