Friday links: a powerful engine of innovation
CryptoEvery big company seemingly wants their own stablecoin. (wsj.com)Companies are following a Bitcoin treasury model because it works, for now. (ft.com)Another day, another Bitcoin-focused company. (theblock.co)Private equityThere's really one reason why private equity managers are going down market. (riabiz.com)On the growth in search funds. (blogs.cfainstitute.org)AIThe Meta ($META) 'investment' in Scale AI is done. (arstechnica.com)Apple ($AAPL) is not convincing on its AI efforts. (spyglass.org)PharmaceuticalsHow pharmacy benefit managers (PBMs) work. (theincidentaleconomist.com)U.S. universities play a big, and increasing, role in drug discovery. (statnews.com)Telehealth companies are now combining popular medicines into single pills. (sherwood.news)EuropeEven European companies are reluctant to list on European exchanges. (economist.com)Europe needs to rethink its approach to defense. (adamtooze.substack.com)TradeVietnam has a lot to lose in a trade war. (ft.com)Want 'Made in the USA' clothing? It's likely made by an immigrant. (gq.com)CongressMembers of Congress are trading stocks like crazy. (wsj.com)How much information is there in Congressional stocks trades? (ft.com)Earlier on Abnormal ReturnsPodcast links: lessons learned. (abnormalreturns.com)What you missed in our Thursday linkfest. (abnormalreturns.com)Longform links: time and effort. (abnormalreturns.com)Everyone in life (and investing) is running their own race. (abnormalreturns.com)Don't miss a thing! Sign up for our daily e-mail newsletter. (abnormalreturns.com)Mixed mediaCommunication security has taken a backseat in this administration. (axios.com)Another day, another financial conflict of interest. (fortune.com)Streaming services don't want to carry C-SPAN. (wapo.st)
Crypto
- Every big company seemingly wants their own stablecoin. (wsj.com)
- Companies are following a Bitcoin treasury model because it works, for now. (ft.com)
- Another day, another Bitcoin-focused company. (theblock.co)
Private equity
- There's really one reason why private equity managers are going down market. (riabiz.com)
- On the growth in search funds. (blogs.cfainstitute.org)
AI
- The Meta ($META) 'investment' in Scale AI is done. (arstechnica.com)
- Apple ($AAPL) is not convincing on its AI efforts. (spyglass.org)
Pharmaceuticals
- How pharmacy benefit managers (PBMs) work. (theincidentaleconomist.com)
- U.S. universities play a big, and increasing, role in drug discovery. (statnews.com)
- Telehealth companies are now combining popular medicines into single pills. (sherwood.news)
Europe
- Even European companies are reluctant to list on European exchanges. (economist.com)
- Europe needs to rethink its approach to defense. (adamtooze.substack.com)
Trade
- Vietnam has a lot to lose in a trade war. (ft.com)
- Want 'Made in the USA' clothing? It's likely made by an immigrant. (gq.com)
Congress
- Members of Congress are trading stocks like crazy. (wsj.com)
- How much information is there in Congressional stocks trades? (ft.com)
Earlier on Abnormal Returns
- Podcast links: lessons learned. (abnormalreturns.com)
- What you missed in our Thursday linkfest. (abnormalreturns.com)
- Longform links: time and effort. (abnormalreturns.com)
- Everyone in life (and investing) is running their own race. (abnormalreturns.com)
- Don't miss a thing! Sign up for our daily e-mail newsletter. (abnormalreturns.com)
