Strategy Recognize that you are not built to be a great investor. (humbledollar.com) The sell is as important as the buy. (klementoninvesting.substack.com) Deals Bill Ackman wants to buy Universal Music Group ($UMG). (cnbc.com) Paramount’s ($PSKY)...

Round-ups A round-up of recent white papers including ‘The Price of Having Fun.’ (bpsandpieces.com) A round-up of recent academic research including ‘Rethinking Trend Following: Optimal Regime-Dependent...

Fund management Blackrock ($BLK) is launching a competitor to the iShares Nasdaq 100 ETF ($QQQ). (wealthmanagement.com) Alternatives in 401(k) plans are a solution in search of a problem. (morningstar.com) OpenAI A big profile of Sam Altman and his...

Podcasts Michael Batnick talks with Stephen Caruso, Associate Director of Wealth Management at Cerulli Associates. (youtube.com) Brendan Frazier talks with Parul Somani, author of “The Path of Least Regret.” (youtube.com) Practice management...

Strategy Stock market returns can be lumpy. (awealthofcommonsense.com) How the ‘winner’s curse’ works in practice. (humbledollar.com) Roben Farzard talks markets and media with Sam Ro of TKer fame. (youtube.com) Private assets How close...

Also on the site Don’t miss a thing! Sign up for our daily e-mail newsletter. (abnormalreturns.com) Making peace with your inner critic. (abnormalreturns.com) Friction rules the world around us. (abnormalreturns.com) A repudiation of...

EVs The Trump administration has stranded billions in EV investment. (wsj.com) The Iran War highlights the problem with sidelining EVs. (noahpinion.blog) Battery hype is rampant. On the prospects for a production-ready solid-state battery for EVs....

Prediction markets Who’s making money on prediction markets? (giftarticle.ft.com) Prediction market structured notes are here. (bloomberg.com) IPOs The big IPOs are going to rely on the growing class of individual investors. (newcomer.co) Why OpenAI...

Strategy Why it’s so tempting to go bottom fishing in washed out stocks. (awealthofcommonsense.com) How to avoid choice overload. (mrzepczynski.blogspot.com) Private assets Blue Owl ($OWL) continues to see big outflow requests. (semafor.com) A...

Books An excerpt from “How to Disagree Better” by Julia Minson. (annieduke.substack.com) Five insights from “Good Writing: 36 Ways to Improve Your Sentences” by Neal Allen and Anne Lamott. (nextbigideaclub.com) A Q&A with...