Wednesday links: community decay
MarketsWhy UnitedHealth ($UNH) is a big drag on the Dow. (axios.com)Buying the dip works until it doesn't. (advisorperspectives.com)CompaniesAirbnb ($ABNB) wants to become an everything app. (spyglass.org)Who wins if OpenAI becomes a PBC? (sherwood.news)Is Apple ($AAPL) too successful? (asymco.com)ETFsInvestors continue to pour money into low-cost ETFs, but new ETFs are by and large high fee. (morningstar.com)The many reasons why there will never be another Warren Buffett. (ft.com)What you need to know about the costs of interval funds. (morningstar.com)EntertainmentHBO Max is back! (variety.com)Hollywood has a 'Black Bag' problem. (spyglass.org)How often do lead characters in movies die? (stephenfollows.com)EconomyThe American consumer is hanging in there. (bonddad.blogspot.com)But 84 month car loans? Seriously? (awealthofcommonsense.com)Earlier on Abnormal ReturnsPersonal finance links: a false belief. (abnormalreturns.com)What you missed in our Tuesday linkfest. (abnormalreturns.com)Research links: an imperfect hedge. (abnormalreturns.com)Don't want to miss a thing? Sign up for our daily e-mail newsletter. (abnormalreturns.com)Mixed mediaKalshi just keeps winning. (frontofficesports.com)Three trends shaping sports gambling in the U.S. (businessinsider.com)Ray Ratto, "The 1919 Black Sox are BACK!" (defector.com)

Markets
- Why UnitedHealth ($UNH) is a big drag on the Dow. (axios.com)
- Buying the dip works until it doesn't. (advisorperspectives.com)
Companies
- Airbnb ($ABNB) wants to become an everything app. (spyglass.org)
- Who wins if OpenAI becomes a PBC? (sherwood.news)
- Is Apple ($AAPL) too successful? (asymco.com)
ETFs
- Investors continue to pour money into low-cost ETFs, but new ETFs are by and large high fee. (morningstar.com)
- The many reasons why there will never be another Warren Buffett. (ft.com)
- What you need to know about the costs of interval funds. (morningstar.com)
Entertainment
- HBO Max is back! (variety.com)
- Hollywood has a 'Black Bag' problem. (spyglass.org)
- How often do lead characters in movies die? (stephenfollows.com)
Economy
- The American consumer is hanging in there. (bonddad.blogspot.com)
- But 84 month car loans? Seriously? (awealthofcommonsense.com)
Earlier on Abnormal Returns
- Personal finance links: a false belief. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: an imperfect hedge. (abnormalreturns.com)
- Don't want to miss a thing? Sign up for our daily e-mail newsletter. (abnormalreturns.com)