Books A Q&A with Erick Guerra, author of “Overbuilt: The High Costs and Low Rewards of US Highway Construction.” (bloomberg.com) An excerpt from “Little Red Barns: Hiding the Truth, from Farm to Fable” by Will Potter. (rollingstone.com)...

Strategy Investors are only going to have more options going forward. The paradox of choice awaits. (awealthofcommonsense.com) What will it take for private equity to outperform stocks from here? (ft.com) Crypto Why Trump Media & Technology Group...

Podcasts Barry Ritholtz talks retirement with Christine Benz, author of “How to Retire: 20 Lessons for a Happy, Successful, and Wealthy Retirement.” (ritholtz.com) Bill Brewster talks the ins and outs of deferring taxes with Wes Gray of...

Markets No matter how you slice it, U.S. stocks are still expensive. (on.ft.com) Why gold has been moving higher: safe asset demand. (mrzepczynski.blogspot.com) Crypto The iShares Bitcoin ETF ($IBIT) holds more than 700,000 Bitcoin. (theblock.co) Another...

Research If you are going to hedge, just hedge. (klementoninvesting.substack.com) Do factors matter for bond returns? Yes, they do. (alphaarchitect.com) Why there’s alpha in the intangibles. (philbak.substack.com) AI models love momentum....

Markets You can’t be a long-term investor if you aren’t an optimist. (optimisticallie.com) You never could have predicted the stock market’s first half 2025 performance. (mrzepczynski.blogspot.com) Crypto Crypto projects need...

Podcasts Michael Batnick talks with Jason Wenk, CEO of Altruist, about the changing custody landscape. (youtube.com) Jeff Bernier talks with Larry Swedroe about the the evolving role of alternative assets like private credit and reinsurance in...

Markets Why we need to remind ourselves about market lessons over and over again. (tker.co) After Datadog ($DDOG), the next stocks that could be headed into the S&P 500. (sherwood.news) Trading Dark pools are taking market share and the exchanges are...

Also on the site this week. Newer, cheaper, better isn’t always. (abnormalreturns.com) Make sure you stay on top of everything on Abnormal Returns. Sign up for our (free) daily e-mail newsletter. (abnormalreturns.com) Are you a financial advisor?...

Autos Tesla’s ($TSLA) EV business is in disarray. (wsj.com) In EVs, the U.S. risks being left behind China forever. (nytimes.com) Automakers don’t want to cede Apple ($AAPL) control of the dashboard. (ft.com) Copenhagen shows you can reverse...