Thursday links: symbolic victories
StrategyHow balanced funds work. (awealthofcommonsense.com)Managed futures is a long-term commitment. (priceactionlab.com)The stock market has bounced back. Now is your chance to de-risk if you were freaked out earlier. (primecuts.philpearlman.com)CryptoCoinbase ($COIN) suffered a major breach. (coindesk.com)The World Liberty operation is the core of the new Trump ecosystem. (newyorker.com)Warren BuffettWhy Warren Buffett is stepping down: Father Time caught up to him. (wsj.com)Bill Ackman really wants you to think he is the next Warren Buffett. (ft.com)CompaniesDick's Sporting Goods ($DKS) is buying Foot Locker ($FL). (cnbc.com)The path to a successful IPO is longer than you think. (howardlindzon.com)Can Airbnb ($ABNB) reinvent itself? (spyglass.org)AlternativesPrivate equity keeps popping up in retirement plans. (rogersplanning.blogspot.com)Retirement plan provider Empower will start including private markets investments in its defined contribution plans. (citywire.com)JPMorgan Private Markets Fund has surpassed $1 billion in assets from individuals. (wsj.com)PolandPoland is a low-key stock market winner. (economist.com)What the Polish know about fighting authoritarianism. (theguardian.com)TariffsWalmart ($WMT) is raising prices due to tariffs. (axios.com)All the tariff drama distracts from the real issues. (kyla.substack.com)Three reasons why tariffs aren't going to reproduce manufacturing jobs. (agglomerations.substack.com)Both sides ignore the real issues at play. (wapo.st)EconomyStill no pick up in weekly initial unemployment claims. (calculatedriskblog.com)The pull-forward of economic activity due to tariffs is probably over. (bonddad.blogspot.com)How uncertainty affects GDP growth. (econbrowser.com)Earlier on Abnormal ReturnsLongform links: constitutional obstacles. (abnormalreturns.com)What you missed in our Wednesday linkfest. (abnormalreturns.com)Personal finance links: a false belief. (abnormalreturns.com)Don't miss a thing! Sign up for our daily e-mail newsletter. (abnormalreturns.com)Mixed mediaThe San Francisco 49ers sold stakes in the team valued at $8.5 billion. (sportico.com)How NFL teams came to embrace analytics. (huddleup.substack.com)NFL teams put a lot of effort into their schedule release video. (espn.com)
Strategy
- How balanced funds work. (awealthofcommonsense.com)
- Managed futures is a long-term commitment. (priceactionlab.com)
- The stock market has bounced back. Now is your chance to de-risk if you were freaked out earlier. (primecuts.philpearlman.com)
Crypto
- Coinbase ($COIN) suffered a major breach. (coindesk.com)
- The World Liberty operation is the core of the new Trump ecosystem. (newyorker.com)
Warren Buffett
- Why Warren Buffett is stepping down: Father Time caught up to him. (wsj.com)
- Bill Ackman really wants you to think he is the next Warren Buffett. (ft.com)
Companies
- Dick's Sporting Goods ($DKS) is buying Foot Locker ($FL). (cnbc.com)
- The path to a successful IPO is longer than you think. (howardlindzon.com)
- Can Airbnb ($ABNB) reinvent itself? (spyglass.org)
Alternatives
- Private equity keeps popping up in retirement plans. (rogersplanning.blogspot.com)
- Retirement plan provider Empower will start including private markets investments in its defined contribution plans. (citywire.com)
- JPMorgan Private Markets Fund has surpassed $1 billion in assets from individuals. (wsj.com)
Poland
- Poland is a low-key stock market winner. (economist.com)
- What the Polish know about fighting authoritarianism. (theguardian.com)
Tariffs
- Walmart ($WMT) is raising prices due to tariffs. (axios.com)
- All the tariff drama distracts from the real issues. (kyla.substack.com)
- Three reasons why tariffs aren't going to reproduce manufacturing jobs. (agglomerations.substack.com)
- Both sides ignore the real issues at play. (wapo.st)
Economy
- Still no pick up in weekly initial unemployment claims. (calculatedriskblog.com)
- The pull-forward of economic activity due to tariffs is probably over. (bonddad.blogspot.com)
- How uncertainty affects GDP growth. (econbrowser.com)
Earlier on Abnormal Returns
- Longform links: constitutional obstacles. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: a false belief. (abnormalreturns.com)
- Don't miss a thing! Sign up for our daily e-mail newsletter. (abnormalreturns.com)
