Quote of the Day
"In our lives, we want to get things done. We want to take action. But action doesn’t happen in a vacuum. Just like a wheel, action requires traction."
(Brett & Kate McKay)
Chart of the Day
Vanguard has edged ahead of Blackrock ($BLK) in equity ETF share. (via @ericbalchunas)
Strategy
- Valuations matter, but using them in your investment process is a challenge. (entrylevel.topdowncharts.com)
- When does passive investing become a problem for valuing companies? (silverlightinvest.com)
Companies
- Why are companies holding more cash these days? (hbr.org)
- A look at the tail winds behind the aggregates business. (fortunefinancialadvisors.com)
- It's hard to believe but Facebook is now 20 years old. (economist.com)
- Just how expensive is Nvidia ($NVDA)? (ft.com)
Housing
- Where in the U.S. housing still affordable. (awealthofcommonsense.com)
- Should you relocate in order to afford a home? (mrmoneymustache.com)
- Will you regret that move to a warm weather location? (dariusforoux.com)
- More evidence that people respond to price signals. (ft.com)
Economy
- The U.S. is leading the global economy, post-pandemic. (awealthofcommonsense.com)
- The Fed chair doesn't do interviews very often. (axios.com)
- Just how tight is monetary policy right now? (minneapolisfed.org)
- Heavy truck sales rose in January. (calculatedriskblog.com)
- The state of Nevada is trying to diversify away from tourism and gaming. (nytimes.com)
Earlier on Abnormal Returns
- Adviser links: the curse of knowledge. (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)