May 2024 In May 2024, the S&P 500 returned 6.29%. (on.spdji.com) How major asset classes performed in May. (capitalspectator.com) Finance A profile of prolific credit rating agency Egan-Jones. (bloomberg.com) Replacing Ajit Jain at Berkshire...

Podcasts Wes Gray of Alpha Architect, Sri Narayan of Cache Financial, and guest host Dave Nadig talk about exchange funds and Section 351 conversions. (youtube.com) Nick VanDerSchie talks with Joanna McGinley about the growing convergence between public...

Markets If you invest long enough, there’s no avoiding a bear market. (awealthofcommonsense.com) There’s no way of avoiding drawdowns, even in the best performing stocks. (tker.co) Companies Doordash ($DASH) keeps buying up former...

Top clicks this week Want to get wealthy? Own equity. (awealthofcommonsense.com) Great investors take (a lot) of notes. (polymathinvestor.com) Where is all that [ETF] money coming from? (awealthofcommonsense.com) Nothing great happens without...

Transport The training for air traffic controllers is intense. (theconversation.com) How a Heli-Hydrant helps in fighting fires. (apnews.com) Energy Some bad news on the alternative energy front. (fasterplease.substack.com) How cheaper drilling could make...

Strategy April’s stock market move should be a good milepost for investors. (wsj.com) Most stocks are not all that great, performance-wise. (theirrelevantinvestor.com) Finance Despite a lot of pushback, Kalshi has made a lot of headway. (fa-mag.com)...

Business Barry Ritholtz talks casual dining with Ron Shaich, co-founder of Au Bon Pain and founder and former chairman and CEO of Panera Bread. (ritholtz.com) Riley Rosenbee talks eVTOLs with Michelle Olson, Managing Partner at Lambert....

Markets Bond sentiment has gotten negative. (thesandboxdaily.com) You think the U.S. has an index concentration problem? (sherwood.news) Strategy Global diversification is a strategic decision, not a tactical one. (morningstar.com) The evidence on active...

Books Insights from Nadia Asparouhova’s new book, “Antimemetics: Why Some Ideas Resist Spreading.” (newyorker.com) A Q&A with Rutger Breman, author of “Moral Ambition: Stop Wasting Your Talent and Start Making a Difference.” (nytimes.com) Industry...

Bitcoin GameStop ($GME) is getting in on the Bitcoin Treasury game. (sherwood.news) So is Trump Media ($DJT). (cnbc.com) Trading The best traders work in teams. (traderfeed.blogspot.com) More trading is good for Citadel Securities’ bottom line....