Markets Why poor consumer confidence shouldn’t deter you from investing. (trendlabs.com) Small caps are leading YTD. (stockmarketmedia.com) Private assets Good luck trying to find a semi-liquid private equity fund that will outperform over the long...

Round-ups A round-up of recent research on prediciton markets including ‘How Wise is the Crowd? Bias and Edge in Prediction Markets.’ (capitalspectator.com) A round-up of recent academic research including ‘Getting the Target Right in...

Finance Investors are swapping their private BDCs for public BDCs. (wsj.com) The private equity industry has changed a lot over the years. (investmentecosystem.com) Amazon-backed X-Energy ($XE) is now public. (pitchbook.com) Layoffs Big Tech is using...

Podcasts Ben Johnson talks with Michael Gates, Blackrock’s head of model portfolio solutions for the Americas. (morningstar.com) Josh Brown talks with Louis Diamond, CEO of Diamond Consultants, to break down the surge in advisor movement....

Markets The stock market serves to confuse you. (awealthofcommonsense.com) There are plenty of reasons why a stock can stumble. (humbledollar.com) Sam Ro, “At the end of the day, publicly traded companies aren’t out here to sell a product. They’re...

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

Autos China is rapidly shifting to EV sales. (ft.com) In China, battery swapping is a solution for long charging times. (npr.org) Porsche is selling its stake in Bugatti. (arstechnica.com) Autonomy How much are autonomous vehicle rides...

HFT Jane Street Group crushed it in 2025. (bloomberg.com) HFT firms are investing big in compute. (wsj.com) Prediction markets A Special Forces solider was arrested for insider trading on Polymarket. (wapo.st) Now Wisconsin is suing the major...

ETFs The Roundhill Memory ETF ($DRAM) has quickly garnered more than $1 billion in AUM. (wsj.com) Eric Balchunas and Joel Weber talk with Bloomberg Intelligence semiconductor analyst Jake Silverman about the growth in $DRAM. (bloomberg.com) Prediction...

Books Ezra Klein talks with Ray Madoff, author of “The Second Estate: How the Tax Code Made an American Aristocracy.” (podcasts.apple.com) An excerpt from Megan Garber’s new book, “Screen People: How We Entertained Ourselves Into a State...