Quote of the Day
"If we want to understand psychology, it helps to study physics."
(Joy Lere)
Markets
Bitcoin
- How supply and demand drives Bitcoin. (theirrelevantinvestor.com)
- FTX sold a bunch of the Grayscale Bitcoin Trust ($GBTC). (coindesk.com)
- Is Bitcoin mining a good business? (herbgreenberg.substack.com)
Finance
- In credit cards there's Visa ($V), Mastercard ($MA), and everyone else. (genuineimpact.substack.com)
- Big Tech is recycling profits into venture capital-backed startups. (apoorv03.com)
Apple
- The Apple ($AAPL) Vision Pro is launching without a lot of popular apps. (stratechery.com)
- The Apple ($AAPL) Mac changed the world. A look back 40 years later. (seths.blog)
Economy
- Even before the pandemic people were staying in more. (bloomberg.com)
- The good news on real wages. (bonddad.blogspot.com)
Earlier on Abnormal Returns
- Adviser links: acquiring talent. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
- Top clicks last week on the site. (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)