Monday links: a cult of personality
MarketsToo many people confusing speculating for investing. (ritholtz.com)The end of ZIRP did not kill off speculation. (ft.com)Big techCallie Cox, "History is littered with the tombstones of once-dominant companies who couldn’t pivot to the next big thing." (optimisticallie.com)The scale of capital expenditures by the Mag Seven is unprecedented. (ft.com)AI is only now entering its 'true product-building era.' (mailchi.mp)Fund managementEndowment funds are not simply savings accounts. (institutionalinvestor.com)Interest in forex trading has been in decline for awhile now. (bloomberg.com)You need a strategy to survive the commoditization of the asset management industry. (philbak.substack.com)ChinaThe percentage of U.S. imports from China have been declining since 2016. (apolloacademy.com)China's marriage rate plunged in 2024. (reuters.com)GlobalThe Russian economy is under increasing pressure. (bloomberg.com)What's next for Ukraine. (noahpinion.blog)The U.S. is rapidly alienating its friends. (paulkrugman.substack.com)Eric Markowitz, "A focus on cooperation, consensus, and adaptability has long defined Sweden’s approach to business" (bigthink.com)Earlier on Abnormal ReturnsAdviser links: different needs. (abnormalreturns.com)What you missed in our Sunday linkfest. (abnormalreturns.com)Top clicks last week on the site. (abnormalreturns.com)You can now follow us on Bluesky. (bsky.app)Are you signed up for daily e-mail newsletter? Well, you should. (abnormalreturns.com)Mixed mediaWhy there is no new James Bond movie on the horizon. (thetimes.com)In the age of streaming, nobody really knows who's watching what. (nytimes.com)
Markets
- Too many people confusing speculating for investing. (ritholtz.com)
- The end of ZIRP did not kill off speculation. (ft.com)
Big tech
- Callie Cox, "History is littered with the tombstones of once-dominant companies who couldn’t pivot to the next big thing." (optimisticallie.com)
- The scale of capital expenditures by the Mag Seven is unprecedented. (ft.com)
- AI is only now entering its 'true product-building era.' (mailchi.mp)
Fund management
- Endowment funds are not simply savings accounts. (institutionalinvestor.com)
- Interest in forex trading has been in decline for awhile now. (bloomberg.com)
- You need a strategy to survive the commoditization of the asset management industry. (philbak.substack.com)
China
- The percentage of U.S. imports from China have been declining since 2016. (apolloacademy.com)
- China's marriage rate plunged in 2024. (reuters.com)
Global
- The Russian economy is under increasing pressure. (bloomberg.com)
- What's next for Ukraine. (noahpinion.blog)
- The U.S. is rapidly alienating its friends. (paulkrugman.substack.com)
- Eric Markowitz, "A focus on cooperation, consensus, and adaptability has long defined Sweden’s approach to business" (bigthink.com)
Earlier on Abnormal Returns
- Adviser links: different needs. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
- Top clicks last week on the site. (abnormalreturns.com)
- You can now follow us on Bluesky. (bsky.app)
- Are you signed up for daily e-mail newsletter? Well, you should. (abnormalreturns.com)
