Monday links: hope-based investing

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Quote of the day

“When people talk about “dumb money” or “the suckers at the poker table” they are talking about hope-based investing.”  Demonitized

Chart of the day

High yield muni bonds have crushed their investment grade cousins.  (WSJ)

Strategy Crypto Companies Finance Funds Economy Earlier on Abnormal Returns Mixed media

Keep reading this article on Abnormal Returns Blog.

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