Sunday links: joyful game playing
Quote of the Day "One of the most important secrets of Warren’s life and of so many other successful investors and other such people is that they found their ‘games’…
Saturday links: solace and patience
On Saturdays we catch up with the non-finance related items that we didn’t get to earlier in the week. You can check out last week’s edition here. Have a great…
Friday links: part of the process
Quote of the Day "Rather than get pulled into this mania, it is much more useful and psychologically healthy to recognize we must accept that drawdowns, corrections, bear markets, and…
Podcast links: the business of Berkshire
Fridays are all about podcast links here at Abnormal Returns. You can check out last week’s links including a look at the state of the business of weed in the…
Thursday links: missing the bottom
Quote of the Day "Timing a market bottom is tough because bad news in a bear market makes investors hesitate. By the time they hear good news, it’s already too…
Longform links: at history’s end
Thursdays are all about longform links on Abnormal Returns. You can check out last week’s linkfest including a look at how scientific fraud can perpetuate itself for so long. Quote…
Wednesday links: acknowledging limitations
Quote of the Day "The recognition that what I don’t know will always exceed what I do has made me a better investor. All of us can benefit from being…
Personal finance links: moving the needle
Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at some things that seem like mistakes but aren’t. Quote…
Tuesday links: supply and demand imbalances
Quote of the Day "There’s been a lot of political banter about what caused the inflation – the stimulus or the supply shock. I’ve always maintained that it was a…
Research links: memory bias
Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out last week’s links including a look at portfolio rebalancing is not a ‘free lunch.’ Quote…
Monday links: current data points
Quote of the Day "Right now the stock market is pretty damn simple, and the only data point I need for the next twelve months is inflation. " (Michael Batnick)…
Adviser links: good enough rules
Mondays are all about financial adviser-related links here at Abnormal Returns. You can check out last week’s links including a look at the four phases of retirement. Quote of the…
Sunday links: cementing culture
Quote of the Day "Code can be rewritten. Products can be built, modified, sunset. Investors can be bought out. But culture is like super cement that’s oozed into every nook…
Saturday links: an extraordinary gift
On Saturdays we catch up with the non-finance related items that we didn’t get to earlier in the week. You can check out last week’s edition here. Have a great…
Friday links: ironclad economic rules
Quote of the Day "Despite the ironclad economic rule “There is no such thing as a free lunch,” people tend to forget." (Barry Ritholtz) Chart of the Day Why starting…
Podcast links: moral questions
Fridays are all about podcast links here at Abnormal Returns. You can check out last week’s links including a look at the end of the everything bubble. Business Venture Finance…
Thursday links: an impossible task
Quote of the Day "There’s a reason why index funds have more than $10 trillion in assets. Picking stocks that outperform the market is very difficult." (Michael Batnick) Chart of…
Longform links: budget culture
Thursdays are all about longform links on Abnormal Returns. You can check out last week’s linkfest including a look at how Nike has remained relevant for fifty years. Quote of…
Wednesday links: valuation compression
Quote of the Day "The more market caps on unicorns compress, the greater the downward pressure on rainbow foals’ valuations." (Tomasz Tunguz) Chart of the Day High yield bonds are…
Personal finance links: difficult comparisons
Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at how to raise your credit score. Quote of the…
Tuesday links: taking your lumps
Quote of the Day "You don’t want to go bust right now. So it is time to take your lumps, learn some valuable lessons from them, and move on." (Fred…
Research links: predicting the future
Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out last week’s links including a look at why gambling increases during recessions. Quote of the…
Monday links: finding new edges
Quote of the Day "Good traders have an edge. Great ones constantly find new ones." (Brett Steenbarger) Chart of the Day The Bitcoin bear market has been brutal. (chart via…
Adviser links: leading to self-acceptance
Mondays are all about financial adviser-related links here at Abnormal Returns. You can check out last week’s links including a look at what advisers need to think about their own…
Sunday links: silly and dumb
Quote of the Day "I think we often forget that the economy is really a bunch of people peopling around and trying to make sense of this world. So it’s…
Saturday links: positive changes
On Saturdays we catch up with the non-finance related items that we didn’t get to earlier in the week. You can check out last week’s edition here. Have a great…
Friday links: surviving the short run
Quote of the Day "The only way to survive in the long run is to survive the short runs." (Novel Investor) Chart of the Day The rise in mortgage rates…
Podcast links: end of the everything bubble
Fridays are all about podcast links here at Abnormal Returns. You can check out last week’s links including a look at the history of sportswashing. The biz Work Business Everything…
Thursday links: shilling individual stocks
Quote of the Day "I don't write about individual stocks anymore because I don't want to influence an investment decision that costs someone else money. Yet from CNBC to Twitter,…
Longform links: moving the world forward
Thursdays are all about longform links on Abnormal Returns. You can check out last week’s linkfest including a look at how TikTok is changing the music business. Quote of the…
Wednesday links: watching and listening
Quote of the Day "Even if you had the Fed’s decision hand delivered to you this morning in an envelope, you still could not definitively know what to do with…
Personal finance links: the critical component
Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at the downside of budgeting. Quote of the Day "The…
Tuesday links: discount coupons
Quote of the Day "Your might want to check your mailbox. Mr. Market has been sending around a book of discount coupons on some great index funds and individual stocks."…
Research links: insider purchases
Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out last week’s links including a look at the importance of good succession planning. Chart of…
Monday links: dual economic shocks
Quote of the Day "There is a moment in these energy shocks where the inflationary effects undergo a conversion, and fossil fuel price spikes start to grind out a strong,…
Adviser links: rare communication skills
Mondays are all about financial adviser-related links here at Abnormal Returns. You can check out last week’s links including a look at how grief can affect financial decision making. Quote…
Sunday links: when the world breaks
Quote of the Day "The world breaks about once every ten years, on average. For your country, state, town, or business, once every one to three years is probably more…
Saturday links: an uncertain destination
On Saturdays we catch up with the non-finance related items that we didn’t get to earlier in the week. You can check out last week’s edition here. Have a great…
Friday links: tackling hard problems
Quote of the Day "I think the thing that gets a lot of people stuck in their investing life is a sense that the problem is just too hard to…
Podcast links: the history of sportswashing
Fridays are all about podcast links here at Abnormal Returns. You can check out last week’s links including a look at the podcasters making money white noise. The biz Economy…
Thursday links: a toxic combination
Quote of the Day "The damage wrought by our fascination with short-term performance is a toxic combination of two behavioural impulses– narrative fallacy and extrapolation." (Joe Wiggins) Chart of the…
Longform links: the history of the mall
Thursdays are all about longform links on Abnormal Returns. You can check out last week’s linkfest including a look at the global nursing crisis. Quote of the Day "If this…
Wednesday links: a clear shift
Quote of the Day "We are seeing a clear shift in the housing market, with more price reductions, more inventory, and fewer sales." (Bill McBride) Chart of the Day Hedge…
Personal finance links: creating a plan that works
Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at whether Amazon Prime is still worth it. Quote of…
Tuesday links: paying the price
Quote of the Day "Momentum cuts both ways. There is a price that must be paid by those striving for exceptional returns. To pretend otherwise is to be ignorant of…
Research links: extreme success
Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out last week’s links including a look at another case where active management fails. Quote of…
Monday links: old gatekeepers
Quote of the Day "Old gatekeepers are losing their power to anoint winners. Launching new products and careers is becoming riskier and contingent on pure chance and opaque algorithms." (Dror…
Adviser links: labeling the conversation
Mondays are all about financial adviser-related links here at Abnormal Returns. You can check out last week’s links including a look at why you need be more selective when it…
Sunday links: an ideal worker
Quote of the Day "At its heart, the battle over remote work is a test of corporate America’s definition of an ideal worker. For decades or even longer, that has…
Saturday links: a messy life
On Saturdays we catch up with the non-finance related items that we didn’t get to earlier in the week. You can check out last week’s edition here. Have a great…