Wednesday links: impossible choices
Tadas Viskanta
Abnormal Returns
3 weeks ago
2 MIN READ
Crypto
- The government has no strategic reason to own crypto assets. (theatlantic.com)
- A crypto reserve does nothing for the U.S. dollar. (disciplinefunds.com)
- There’s only one reason to include XRP or Cardano is a government-backed fund. (theverge.com)
Money management
- How big asset managers are dealing with the DEI backlash. (riabiz.com)
- The biggest multi-strategy hedge funds just keep getting bigger. (businessinsider.com)
- A sign of the times: Morningstar ($MORN) is expanding its private market data footprint. (citywire.com)
- Not every rebranding goes to plan, the case of Aberdeen. (ft.com)
- Reddit ($RDDT) is still the web’s best hope. (theatlantic.com)
- Digg has new owners who are planning to take on Reddit. (nytimes.com)
AI
- Why is Microsoft ($MSFT) walking away from so much planned data center capacity? (wheresyoured.at)
- OpenAI alumni are the new Tiger Cubs. (spyglass.org)
- We don’t need AI to create more written product. There’s already so much. (thediff.co)
Sports betting
- FanDuel ($FLUT) was the biggest U.S. sportsbook in 2024. (msn.com)
- The ESPN Bet experiment is not going well. (huddleup.substack.com)
- The Nevada Gaming Board is demanding Kalshi remove its sports and election markets. (msn.com)
Russia
- Trump has cut off intelligence sharing with Ukraine. (ft.com)
- The war has been a standoff for two years. (theatlantic.com)
- Putin is winning, just by hanging around. (wsj.com)
- A simple explanation for Trump’s stand on Ukraine. (theatlantic.com)
Economy
- Interest rates can fall for good (and bad) reasons. (downtownjoshbrown.com)
- The many ways tariffs could impact the economy. (readthejointaccount.com)
- Some signs that economic uncertainty is bleeding through into consumer intentions. (apolloacademy.com)
Earlier on Abnormal Returns
- Personal finance links: financial independence. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: more than math. (abnormalreturns.com)
- The 2025 UBS Global Investment Returns Yearbook is out! (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)
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