Strategy ‘Buying the dip’ sounds better in theory than practice. (moneychangeseverything.substack.com) Why you can’t optimize the unknowable. (ofdollarsanddata.com) AI AI is increasing the range of outcomes for...

Retail Do Robinhood ($HOOD) customers trade simpler-to-understand stocks? (papers.ssrn.com) Some evidence that investors view former SPACs with suspicion. (papers.ssrn.com) Bitcoin Bitcoin is neither an inflation hedge or safe...

Markets A look at the track record of bull markets. (morningstar.com) How rising asset prices affect behavior. (behaviouralinvestment.com) How to invest a lump sum. (awealthofcommonsense.com) AI We will always want humans to do certain...

Podcasts Michael Batnick talks with Marc Rubinstein about the rapid rise of private asset secondaries. (youtube.com) Thomas Kopelman talk long-short direct indexing with Brent Sullivan. (podcasts.apple.com) Michael Kitces talks tax planning with Erik...

Markets Low vol stocks are different. (wsj.com) A look at the number of brand names stocks down over 50% from their highs. (awealthofcommonsense.com) Josh Brown, “HALO stands for Heavy Assets, Low Obsolescence. These are undistruptable companies from...

Stay in touch Don’t miss a thing! Sign up for our daily e-mail newsletter. (abnormalreturns.com) Are you a financial advisor? Every Friday we send a (free) advisor-focused newsletter. (newsletter.abnormalreturns.com) Top clicks this week...

China Chinese EVs would clean up in the U.S. (theverge.com) China banned concealed door handles on EVs. (caranddriver.com) Why Chinese EVs won’t take over the world. (high-capacity.com) AVs Waymo raised $16 billion in capital to expand...

Strategy Vishal Khandewal, “Most investment mistakes aren’t failures of information. They’re failures of judgment” (safalniveshak.com) What makes for an ideal industry to invest in? (fortunefinancialadvisors.com) RIP, FCOJ. (axios.com)...

The biz Shane Greenstein and Brian Kenny talk with Ben Gilbert and David Rosenthal about how the Acquired podcast scaled over time. (hbr.org) Spotify ($SPOT) is partnering with Bookshop.org to sell physical books. (theverge.com) Bill Simmons talking his...

Strategy How big market moves engage different types of investors. (behaviouralinvestment.com) When it pays to bet on great businesses and just hang on. (permanentequity.com) Crypto HODLers are feeling the pain. (ft.com) Altcoins are feeling the...