Strategy Most fixed income investors should avoid both long duration and big credit risks. (fa-mag.com) A good reminder that active management is really hard. (ft.com) Value investors need to update their priors. (mojo3324106.substack.com) Companies...

Round-ups A round-up of recent white papers including ‘Everything Everywhere All at Once: Conglomerates and the Disappearing Diversification Discount.’ (bpsandpieces.com) A round-up of recent academic research including ‘Voice Beyond...

February 2026 The S&P 500 fell 0.76% in February 2026. (on.spdji.com) How major asset classes performed last month. (capitalspectator.com) Companies What makes for a ‘HALO’ stock? Think in-person. (downtownjoshbrown.com) Greg Abel is...

Podcasts Michael Batnick talks private credit stress with Brian Moriarity, Principal at Morningstar. (youtube.com) Brendan Frazier talks with Meghaan Lurtz about the power of experiments in financial planning. (podcasts.apple.com) Brian Adams talks with...

Prediction markets Another war, another likely case of insider trading. (theblock.co) Polymarket is all in on Iran-related markets. (coindesk.com) Netflix Netflix ($NFLX) is cashing a $2.8 billion consolation prize. (wsj.com) The best way to win a bidding...

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 Why...

AVs Wayve just raised a $1.2 billion funding round. (techcrunch.com) Waymo now operates in 10 cities and is planning further expansion. (axios.com) What’s going on with Tesla’s ($TSLA) robotaxi efforts? (sherwood.news) Why Uber ($UBER) bought...

ETFs Trading costs matter, even for indexed ETFs. (wsj.com) Why you shouldn’t put illiquid assets into an ETF, the case of the ERShares Private-Public Crossover ETF ($XOVR). (morningstar.com) Warner Bros. There’s little argument that...

Viewing How TBPN redefined the technology talk space. (newyorker.com) Netflix ($NFLX) is playing hardball with stand-up comedians. (deadline.com) AI Meb Faber talks with Prof. Aswath Damodran about the AI spending boom. (podcasts.apple.com) Matt Zeigler...

Markets The media has picked up on the degen theme. (trendlabs.com) Once something has been packaged into an ETF, a theme is probably played out. (monevator.com) What does ChatGPT know about recent market moves? (morningstar.com) IPOs Nasdaq ($NDAQ)...