Monday links: defining points in history
MarketsCorrections happen more often than you remember. (optimisticallie.com)Market moves just happen faster these days. (awealthofcommonsense.com)Books"Buffett and Munger Unscripted: Three Decades of Investment and Business Insights from the Berkshire Hathaway Shareholder Meetings" by Alex Morris is a good refresher course. (newsletter.rationalwalk.com)A review of "The Art of Uncertainty: How to Navigate Chance, Ignorance, Risk and Luck" by Davie Spiegelhalter. (wsj.com)AIAlibaba ($BABA) has pivoted to AI. (ft.com)Dating apps are leveraging AI. (sherwood.news)FinanceDaniel Davies, "The essence of managing an investment banking franchise is that the biggest driver of success is the capacity to bear pain." (on.ft.com)Robinhood ($HOOD) is teaming with Kalshi on sports markets. (finance.yahoo.com)Expect to see alternatives managers talking more openly about their funds. (axios.com)Fund managementHow market concentration affects ETF index construction. (morningstar.com)People are not dumping target date funds willy-nilly. (jeffreyptak.substack.com)GlobalChina is more diverse (economic) than you think. (scottsumner.substack.com)What do we lose if the world turns against the U.S.? (paulkrugman.substack.com)The U.S. has halted efforts to clean up Agent Orange in Vietnam. (propublica.org)EconomyRetail sales are decelerating. (bonddad.blogspot.com)National home builder confidence fell in March. (calculatedriskblog.com)More signs the economy is weakening. (axios.com)Does negative consumer sentiment forecast recessions? (econbrowser.com)People really want to work from home. (apolloacademy.com)Earlier on Abnormal ReturnsAdviser links: durable portfolios. (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 be. (abnormalreturns.com)Mixed mediaSeth Godin, "Every time you read, post, listen or engage with media, you’re engaging in media theory." (seths.blog)On the erasure of history and the people who lived it. (donmoynihan.substack.com)It worked! (geekwire.com)
Markets
- Corrections happen more often than you remember. (optimisticallie.com)
- Market moves just happen faster these days. (awealthofcommonsense.com)
Books
- "Buffett and Munger Unscripted: Three Decades of Investment and Business Insights from the Berkshire Hathaway Shareholder Meetings" by Alex Morris is a good refresher course. (newsletter.rationalwalk.com)
- A review of "The Art of Uncertainty: How to Navigate Chance, Ignorance, Risk and Luck" by Davie Spiegelhalter. (wsj.com)
AI
Finance
- Daniel Davies, "The essence of managing an investment banking franchise is that the biggest driver of success is the capacity to bear pain." (on.ft.com)
- Robinhood ($HOOD) is teaming with Kalshi on sports markets. (finance.yahoo.com)
- Expect to see alternatives managers talking more openly about their funds. (axios.com)
Fund management
- How market concentration affects ETF index construction. (morningstar.com)
- People are not dumping target date funds willy-nilly. (jeffreyptak.substack.com)
Global
- China is more diverse (economic) than you think. (scottsumner.substack.com)
- What do we lose if the world turns against the U.S.? (paulkrugman.substack.com)
- The U.S. has halted efforts to clean up Agent Orange in Vietnam. (propublica.org)
Economy
- Retail sales are decelerating. (bonddad.blogspot.com)
- National home builder confidence fell in March. (calculatedriskblog.com)
- More signs the economy is weakening. (axios.com)
- Does negative consumer sentiment forecast recessions? (econbrowser.com)
- People really want to work from home. (apolloacademy.com)
Earlier on Abnormal Returns
- Adviser links: durable portfolios. (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 be. (abnormalreturns.com)
