Tuesday links: making reasonable choices
StrategyAn example when home bias is damaging to your portfolio. (notes.archie-hall.com)On the importance of avoiding big investment mistakes. (behaviouralinvestment.com)CryptoThe crypto industry is increasingly tied with the MAGA movement. (wsj.com)Some companies are moving legal work away from law firms that entered agreements with the Trump administration. (wsj.com)Fund managementThe great advantage of target-date funds. People don't trade them. (morningstar.com)Fund companies are more likely to kill a fund in a big drawdown. (jeffreyptak.substack.com)EconomyCapital flight is about more than debt and deficits. (paulkrugman.substack.com)The U.S. shouldn't tempt fate with the strength of the dollar. (econofact.org)Earlier on Abnormal ReturnsResearch links: taking comfort. (abnormalreturns.com)What you missed in our Monday linkfest. (abnormalreturns.com)Adviser links: managing conflicts. (abnormalreturns.com)Don't miss a thing! Sign up for our daily e-mail newsletter. (abnormalreturns.com)Mixed mediaIf it wasn't obvious before, militaries are on notice that drones are an existential threat. (theatlantic.com)How AI can be used to shoot down drones. (fastcompany.com)Are focused microwaves the future of drone defense? (technologyreview.com)

Strategy
- An example when home bias is damaging to your portfolio. (notes.archie-hall.com)
- On the importance of avoiding big investment mistakes. (behaviouralinvestment.com)
Crypto
- The crypto industry is increasingly tied with the MAGA movement. (wsj.com)
- Some companies are moving legal work away from law firms that entered agreements with the Trump administration. (wsj.com)
Fund management
- The great advantage of target-date funds. People don't trade them. (morningstar.com)
- Fund companies are more likely to kill a fund in a big drawdown. (jeffreyptak.substack.com)
Economy
- Capital flight is about more than debt and deficits. (paulkrugman.substack.com)
- The U.S. shouldn't tempt fate with the strength of the dollar. (econofact.org)
Earlier on Abnormal Returns
- Research links: taking comfort. (abnormalreturns.com)
- What you missed in our Monday linkfest. (abnormalreturns.com)
- Adviser links: managing conflicts. (abnormalreturns.com)
- Don't miss a thing! Sign up for our daily e-mail newsletter. (abnormalreturns.com)