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Thursday links: embracing imperfection

Abnormal Returns

barrons.com) Electronic trading of corporate bonds is growing, albeit slowly. axios.com) Economy Kyla Scanlon, "People are complex and economics doesn’t (can’t!) newsletter.abnormalreturns.com) Mixed media The ad-supported Internet is collapsing in front of our eyes. (yahoo.com) Why SpaceX continues to win new launch business.

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Transcript: Liz Hoffman

The Big Picture

The economic dislocation, the health risks, just the mayhem that took place, but from the perspective of a number of corporate CEOs, Bill Ackman of Pershing Square Capital, the hedge fund that had a couple of amazing trades based on this. HOFFMAN: So obviously, I’ve — you know, economically minded from the jump.

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