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MARCH 13, 2024

on.ft.com) There is still a lot of uncertainty around office building valuations. newsletter.abnormalreturns.com) Mixed media How the interstate highway system changed America forever. (wired.com) The spot Bitcoin ETF fee war is here. etf.com) Finance Why Evercore ($EVR) is outperforming other investment banks.

Financial Advising 278

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DECEMBER 27, 2023

ft.com) Citigroup ($C) trades at a big valuation discount to its competitors. newsletter.abnormalreturns.com) Mixed media 9 big scientific breakthroughs in 2023 including malaria and RSV vaccines. (awealthofcommonsense.com) Michael reviews his ten predictions from 2023 including Bitcoin prices. bank profits in 2023.

Financial Advising 264

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MARCH 17, 2024

Markets Market valuations aren't that helpful in the short term. newsletter.abnormalreturns.com) Mixed media On the end of the 6% real estate commission. tker.co) The U.S. yield curve has been inverted for a record amount of time. ft.com) Strategy Why you can ignore all the magazine cover commentary. nytimes.com)

Financial Advising 245

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DECEMBER 7, 2023

techcrunch.com) SpaceX SpaceX is reportedly planning a tender offer for employee shares at a $175 billion valuation. newsletter.abnormalreturns.com) Mixed media The ad-supported Internet is collapsing in front of our eyes. stratechery.com) The Information stands out as a digital media success, ten years in. thedailybeast.com)

Digital Media 218

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Wealth Management

MARCH 12, 2024

Rising valuations and growing opportunities for media rights and sponsorships make professional sports teams an attractive bet. However, data on how these investments will work in the long term remains scarce.

Valuation 111

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FEBRUARY 11, 2024

wsj.com) Companies Just how important AI is for valuations today. newsletter.abnormalreturns.com) Mixed media Private equity is pounding on the door of the NFL. (axios.com) A look at Gary Sernovitz's new novel "Counting House." msn.com) An excerpt from "Private Equity: A Memoir" by Carrie Sun.

Assets 241

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SEPTEMBER 7, 2023

theirrelevantinvestor.com) Big tech stocks have their own valuation experience. newsletter.abnormalreturns.com) Mixed media No matter how you slice it the NFL is a big business that is only getting bigger. Strategy It's hard to overstate the impact of the big tech stocks on the U.S. stock market of late.

Financial Advising 246

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Abnormal Returns

DECEMBER 20, 2023

finance.yahoo.com) Hipgnosis is having a hard time coming up with song valuations. newsletter.abnormalreturns.com) Mixed media The case against setting goals for the new year. (bloomberg.com) Om Malik talks with Reilly Brennan, co-founder of Trucks.vc, about the future of self-driving cars. Don't let them define your life.

Financial Advising 207

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OCTOBER 26, 2023

bestinterest.blog) 60/40 portfolios Where the valuation of the 60/40 portfolio stands. newsletter.abnormalreturns.com) Mixed media We can never solve the problem of inequality, but we can make it the baseline for everyone higher. (theirrelevantinvestor.com) The stock-bond correlation does one thing: it changes. (fa-mag.com)

Financial Advising 248

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JANUARY 30, 2023

newsletter.abnormalreturns.com) Mixed media Fidelity has cut its valuation for Twitter shares, again. axios.com) Five insights from Max Fisher's new book, "The Chaos Machine: The Inside Story of How Social Media Rewired Our Minds and Our World." Then check out our weekly e-mail newsletter. nextbigideaclub.com)

Financial Advising 218

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Abnormal Returns

AUGUST 22, 2023

theirrelevantinvestor.com) Do market valuations mean revert over time? newsletter.abnormalreturns.com) Mixed media Top tier shopping malls are still doing just fine. Markets The stock market is laser focused on interest rates. thediff.co) Why there's never a shortage of pundits willing to make a big market call.

Financial Advising 218

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Abnormal Returns

OCTOBER 24, 2022

theinformation.com) Snowflake ($SNOW) is growing into its valuation. newsletter.abnormalreturns.com) Mixed media On the difference between a mentor and a coach. (rogersplanning.blogspot.com) Companies Brad Gerstner on how to turn Meta's ($META) stock around. medium.com) Big tech companies are sitting on their own bond market losses.

Marketing 224

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OCTOBER 31, 2022

allstarcharts.com) And valuations are still attractive. theirrelevantinvestor.com) Media mentions of recession do tick higher before a recession. newsletter.abnormalreturns.com) Mixed media Five insights from Jonathan D. Small caps Small caps are outperforming of late. Then check out our weekly e-mail newsletter.

Financial Advising 225

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Abnormal Returns

MARCH 20, 2024

marginalrevolution.com) Finance Private equity is stuck between elevated valuations high interest rates and a moribund IPO market. newsletter.abnormalreturns.com) Mixed media Kevin Kelly, "Don't be the best, be the only." (amycastor.com) Companies It's hard to wrap your head around the numbers with Nvidia's ($NVDA) new chips.

Financial Advising 185

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JUNE 15, 2023

theinformation.com) Is there an AI premium for startup valuations? newsletter.abnormalreturns.com) Mixed media Remember the creator economy? (msn.com) AI The story of how Microsoft ($MSFT) became the leader in AI. bloomberg.com) How YouTube could help Google ($GOOGL) with its AI push. Then check out our weekly e-mail newsletter.

Financial Advising 200

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Abnormal Returns

SEPTEMBER 17, 2023

frontofficesports.com) Why seed stage valuations haven't dropped as much as you would think. newsletter.abnormalreturns.com) Mixed media Brett & Kate McKay, "The average human is a bundle of intentions never acted upon." Finance Goldman Sachs ($GS) want to sell HNW clients a piece of a sports franchise.

Financial Advising 249

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JANUARY 10, 2024

entrylevel.topdowncharts.com) Strategy 12 lessons the markets taught investors in 2023 including 'Valuations cannot be used to time markets.' newsletter.abnormalreturns.com) Mixed media How to read more books in 2024 by swapping doomscrolling for reading. (awealthofcommonsense.com) The 60/40 portfolio had a big comeback in 2023.

Financial Advising 170

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Abnormal Returns

JANUARY 20, 2023

ft.com) Startups How unicorns are dealing with the decline in valuations. newsletter.abnormalreturns.com) Mixed media Why did Amazon ($AMZN) kill Amazon Smile? (variety.com) Finance How Morgan Stanley ($MS) outpaced Goldman Sachs ($GS) in wealth management. on.ft.com) The CPA shortage is real. Those stakes are set to change hands.

Investing 219

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Abnormal Returns

JULY 28, 2023

tomtunguz.com) With valuations down, why aren't big tech companies buying more startups? newsletter.abnormalreturns.com) Mixed media Why you should strive to be unique, not #1. (awealthofcommonsense.com) Big Tech All things considered, Meta ($META) and Google ($GOOGL) dominate online ad spending. newsletter.osv.llc)

Financial Advising 184

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Abnormal Returns

MAY 26, 2023

tomtunguz.com) Morgan Housel, "Companies should want the valuation they deserve, and not a penny more." newsletter.abnormalreturns.com) Mixed media The 11 best finance movies to watch this weekend including 'Boiler Room.' (awealthofcommonsense.com) When trading, it's okay to hit the reset button. wsj.com) Movies aren't real.

Financial Advising 207

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Abnormal Returns

JANUARY 3, 2023

wsj.com) Startups are going to experience a "new normal" valuation-wise. avc.com) SpaceX is raising new capital at a $137 billion valuation. newsletter.abnormalreturns.com) Mixed media It helps to love the business you are in. feld.com) 2023 is going to be a year or reckoning for the startup space. seths.blog).

Startup 191

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Abnormal Returns

JUNE 25, 2023

riabiz.com) Companies Nvidia's ($NVDA) valuation has gotten ahead of itself. newsletter.abnormalreturns.com) Mixed media Why your brain tricks you into thinking things are getting worse. (awealthofcommonsense.com) Crypto Bitcoin had a good week. aswathdamodaran.blogspot.com) Business at Boeing ($BA) and Airbus is booming.

Financial Advising 208

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Abnormal Returns

JUNE 27, 2023

bloomberg.com) SpaceX's valuation keeps rising, due in part to Starlink's success. newsletter.abnormalreturns.com) Mixed media Is the Apple ($AAPL) Vision Pro the future of movie watching? (behaviouralinvestment.com) Do commodities have a role to play in a long-term, strategic asset allocation?

Asset Allocation 196

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AUGUST 9, 2023

axios.com) Venture capital Why more markdowns are coming to venture capital portfolio valuations. newsletter.abnormalreturns.com) Mixed media Junior consultants are sitting on the beach. (bloomberg.com) In China, new EVs are now cheaper to buy than ICEs. washingtonpost.com) The earlier adopter era for EVs is over.

Financial Advising 181

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Abnormal Returns

SEPTEMBER 14, 2023

wsj.com) Databricks just raised fresh capital at a $43 billion valuation. newsletter.abnormalreturns.com) Mixed media Walter Isaacson's "Elon Musk" biography is heavy on reporting, short on analysis. (mrzepczynski.blogspot.com) Finance Arm Holdings ($ARM) shows the way forward for the IPO market.

Financial Advising 251

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Abnormal Returns

JANUARY 27, 2023

nytimes.com) Companies Revisiting Tesla's ($TSLA) valuation, post-Twitter fiasco. newsletter.abnormalreturns.com) Mixed media We are still learning how to live with e-mail, Slack etc. (rationalwalk.com) Funds Dividend-focused funds are having their moment. How do they perform over the long run? paulgraham.com)

Financial Advising 206

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Abnormal Returns

AUGUST 6, 2023

michaelparekh.substack.com) Venture capital Q2 2023 startup data from AngelList show median valuations back to pre-pandemic levels. newsletter.abnormalreturns.com) Mixed media Gregg Doyel, "There is no tradition in college football. (blairbellecurve.com) You don't need an 'everything app' when you already have the 'everything phone.'

Financial Advising 235

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Abnormal Returns

DECEMBER 28, 2022

tomtunguz.com) Instacart continues to slash its valuation. newsletter.abnormalreturns.com) Mixed media All the players wanting to become the new Twitter. (cnn.com) Big Tech is set to cut costs (and jobs) in 2023. nytimes.com) How Constellation Software is a $30b+ publicly-traded software holding company employing more than 25,000.

Financial Advising 197

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Abnormal Returns

DECEMBER 5, 2022

Markets Small cap stocks stand out for their cheap valuations. newsletter.abnormalreturns.com) Mixed media How Twitter's decision to backtrack on moderation will affect other companies. morningstar.com) Why have energy stocks and oil prices diverged? Then check out our weekly e-mail newsletter.

Startup 200

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JANUARY 9, 2023

axios.com) Finance Private equity managers are abusing their discretion when it comes to valuations. newsletter.abnormalreturns.com) Mixed media Form Energy has broken ground on a factory to build its iron-air batteries. Markets There's no sign that options trading is slowing down. thinkadvisor.com) Black founders in the U.S.

Financial Advising 191

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Abnormal Returns

JULY 19, 2022

ft.com) Venture Tomasz Tunguz, "The bid/ask spread in VC is the difference between the post-money valuation between a VC (the bidder) & a company (seller)." newsletter.abnormalreturns.com) Mixed media Joshua Brown and Ben Carlson talk with Matthew Ball about the metaverse. Then check out our weekly e-mail newsletter.

Financial Advising 207

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Abnormal Returns

SEPTEMBER 22, 2022

Markets Market valuations are a lot more attractive than they were a year ago. mantaro.money) Media Jeff Jarvis, "If network prime time has lost its value, so have networks, so has television, so has broadcast." (abnormalreturns.com) Are you a financial adviser looking for some out-of-the-box thinking? interest rates since 2020.

Financial Advising 130

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The Big Picture

JANUARY 30, 2023

( Financial Times ) • How Cash-Needy Private Companies Are Avoiding Dreaded Down Rounds : Few rules govern private markets, but some companies’ confidential maneuvers to bypass a valuation hit could raise eyebrows. Daring Fireball ) • There’s No Quick Fix for Social Media : Ignore the simplistic slogans.

Government 270

Government Valuation Media Economics 270

Abnormal Returns

JULY 20, 2023

Strategy Why stock market valuations are logically higher today than they were in the past. newsletter.abnormalreturns.com) Mixed media Not everyone in the C-suite wants to return to the office. ofdollarsanddata.com) Why compounding is still unheralded. wsj.com) The U.S. lags, badly, in real-time funds transfer. papers.ssrn.com)

Financial Advising 130

Financial Advising Valuation Media Economy 130

Abnormal Returns

FEBRUARY 16, 2023

howardlindzon.com) Private assets Why private equity needs much better valuations. newsletter.abnormalreturns.com) Mixed media Seth Godin, "Lossy compression is forever. (theatlantic.com) Finding a good retail CEO is tough these days. nytimes.com) AI requires a lot of semiconductors. pragcap.com) Fidelity is hiring!

Financial Advising 146

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Abnormal Returns

JANUARY 18, 2023

institutionalinvestor.com) Startup valuations trended down in the second half of 2022. Then check out our (newsletter.abnormalreturns.com) Mixed media How to use Substack to write a book and bypass the publishing houses. (washingtonpost.com) Finance Morgan Stanley ($MS) is besting Goldman Sachs ($GS) when it comes to wealth management.

Financial Advising 130

Financial Advising Startup Wealth Management Valuation 130

The Big Picture

APRIL 5, 2023

We are less focused on the risks to REITs and more focused on where private market property valuations are going,” says Cohen & Steers’ Rich Hill. His social media business, once hyped to the moon, has come crashing down, erasing $550 million from his net worth—so far. ChatGPT kisses and tells. They May Have Overreacted. “We

Taxes 281

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