1929 An excerpt from “1929: Inside the Greatest Crash in Wall Street History — and How It Shattered a Nation” by Andrew Ross Sorkin. (nytimes.com) Joe Weisenthal and Tracy Alloway talk with Andrew Ross Sorkin about his new book. (podcasts.apple.com)...

Podcasts Christine Benz and Amy Arnott talk with Barry Ritholtz, author of “How NOT to Invest.” (morningstar.com) Meb Faber talks with Eddy Elfenbein, of Crossing Wall Street and portfolio manager of the AdvisorShares Focused Equity ETF...

Round-ups A round-up of recent academic research including ‘Dividend Capture Returns and Their Drivers: A Bayesian Analysis of Large-Cap Stocks Over 35 Years.’ (alphainacademia.substack.com) A round-up of recent research including ‘Music...

These anniversaries seem like they are coming faster and faster. Longevity in any endeavor is a double-edged sword. One one hand, experience allows you some greater perspective. The ability to quickly sort the wheat from the chaff when it comes to the...

Podcasts Michael Batnick talks alternative investment reporting with Alex Goodwin from Bridge Invest. (youtube.com) Michael Kitces talks ‘calm excellence’ with Lisa Brown, president of Greenwood Gearhart. (kitces.com) Barry Ritholtz talks...

So much is written about how to be a superior investor. For the vast majority of people, their efforts would be better spent avoiding big mistakes, i.e. not being stupid. This is easier said than done when the modus operandi of the financial services...

Metals If the price of gold is tethered to inflation, then it’s overvalued. (morningstar.com) Silver is having a moment. (etf.com) Strategy Why trying to call a top is counterproductive. (awealthofcommonsense.com) The AI boom is different than...

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

Transport Why have U.S. pedestrian deaths risen 80% since 2009? (construction-physics.com) Like a miracle drug, self-driving cars will save lives. (derekthompson.org) This ghost town in China is a hub for testing autonomous trucks. (restofworld.org)...

Markets What would it take to see a reversal in U.S. stock market concentration? (awealthofcommonsense.com) The U.S. accounts for 20 of the 25 largest companies in the world, by market cap. (sherwood.news) Prediction markets Kalshi just raised a big new...