Wednesday links: the returns to being rich
Tadas Viskanta
Abnormal Returns
1 day ago
2 MIN READ
Markets
- Five thoughts about the stock market including the surge in earnings. (ritholtz.com)
- Investors are constantly having to learn new vocabulary. (trendlabs.com)
Finance
- Citadel wants to pay other hedge funds for ideas. (finance.yahoo.com)
- AlphaSense is valued at $7.5 billion in a new fundraising round. (wsj.com)
- Jane Street and Citadel Securities generated combined revenues of $114bn last year. (ft.com)
Private assets
- Partners Group has capped withdrawals at its flagship private equity fund for wealthy individuals. (ft.com)
- Cliffwater saw a big redemption request for its flagship private credit fund. (bloomberg.com)
Companies
- Amazon ($AMZN) has overtaken Walmart ($WMT) to claim the top spot in the Fortune 500. (nypost.com)
- How OpenAI lost its lead to Anthropic. (sherwood.news)
- Microsoft ($MSFT) wants in on the super-app game. (spyglass.org)
The Pentagon
- The U.S. has a missile interceptor deficit. (axios.com)
- The Pentagon has hired a January 6th rioter for a counterterrorism job. (wapo.st)
Economy
- On the state of the farm economy. (econbrowser.com)
- Is spending a better measure of consumer sentiment? (econbrowser.com)
- What the price of gasoline tell us. (buttondown.com)
Earlier on Abnormal Returns
- Personal finance links: winning at life. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: bored overtraders. (abnormalreturns.com)
- Saying no to algorithmic slop. (abnormalreturns.com)
- Don’t miss a thing! Sign up for our daily e-mail newsletter. (abnormalreturns.com)
Mixed media
- Why women are at an advantage in the new economy. (newsletter.platypuseconomics.com)
- How the housing market recession has affected workers. (awealthofcommonsense.com)
- How remote work affects the hiring of young adults. (libertystreeteconomics.newyorkfed.org)
- AI has scrambled the job application process. (theatlantic.com)
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