Quote of the Day
"The world is messier, more random, less predictable, more surprising, and less linear than we assume."
(Robert Seawright)
Crypto
- How spot Bitcoin ETFs are managed in real life. (davenadig.substack.com)
- Wealth management firm Cetera Financial Group has approved four spot Bitcoin ETFs. (theblock.co)
- Matt Reustle talks the FTX restructuring with Erin Broderick who is a restructuring and insolvency specialist at Eversheds Sutherland. (joincolossus.com)
- Crypto riches could fuel another bull market in used Rolexes. (bloomberg.com)
Fund management
- Passive investing is driving down fees on all type of funds. (on.ft.com)
- When fund companies oversell the benefits of an investment. (fortunesandfrictions.com)
Food
- Mark Lore's startup Wonder is spending big to try to solve dinner. (nytimes.com)
- Kernel is a vegan takeout place where the food is made largely by robots. (axios.com)
- Restaurants are fighting back against no-shows. (nytimes.com)
Laundry
Economy
- 2024 Q1 GDP still tracking around 2% growth. (calculatedriskblog.com)
- The US yield curve has been inverted for 424 days straight. (ft.com)
- Why you shouldn't write off the yield curve indicator yet. (econbrowser.com)
Earlier on Abnormal Returns
- Podcast links: understanding the past. (abnormalreturns.com)
- What you missed in our Thursday linkfest. (abnormalreturns.com)
- Longform links: false empowerment. (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)