Quote of the Day
"Americans had lived through multiple jobless recoveries before this one. This recovery was a job-full recovery."
(Claudia Sahm)
Strategy
- Why market timing is so difficult. (ritholtz.com)
- Diversification is easy in theory, difficult in practice. (pictureperfectportfolios.com)
Amazon
- Amazon ($AMZN) is now the biggest private delivery company in the U.S. (wsj.com)
- Amazon ($AMZN) no longer inspires fear in the health care space. (bloomberg.com)
Finance
- Why you should expect more bank consolidation. (cnbc.com)
- You can't publish a year-ahead outlook without some stock photos. (ft.com)
Fund management
- Transitioning a hedge fund from its founder to the next generation is a tough ask. (bloomberg.com)
- How a co-founder of WhatsApp is investing his money these days. (forbes.com)
Economy
- Gasoline prices have fallen 60 days straight. (bloomberg.com)
- The US is poised to extract more oil and gas in 2023 than any previous year. (theguardian.com)
- When you look at the data most Americans are better off than they were before the pandemic. (stayathomemacro.substack.com)
Earlier on Abnormal Returns
- Adviser links: safety and reliability. (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)