Friday links: a useful tool
MarketsA lot has changed since the Tulip Bubble. Human nature hasn't. (ritholtz.com)Investors should be more worried about overvaluation, that high stock market concentration. (wsj.com)FinanceHow diversity programs could become a risk-factor for companies. (linkedin.com)More things are lining up against short sellers over the next four years. (institutionalinvestor.com)Is the carried interest loophole really at risk? (axios.com)Fund managementFund fees matter, period. (morningstar.com)We are way past the peak interest in sustainable investing. (axios.com)Masayoshi SonSoftbank is planning to invest $40 billion into OpenAI at a $260 billion pre-money valuation. (cnbc.com)A review of Lionel Barber's new book "Gambling Man: The Wild Ride of Japan's Masayoshi Son." (valueandopportunity.com)AIHow the AI boom differs from the Dotcom boom. (paulkrugman.substack.com)DeepSeek aside, Big Tech isn't pulling back on capex just yet. (spyglass.org)How much did Meta ($META) rely on copyrighted works to seed its AI program. (arstechnica.com)ChatGPT is booming. (bigtechnology.com)MediaThe Trump administration is moving to cancel media subscriptions. (axios.com)Another once respected publication, the LA Times, has jumped on board the Trump train. (daringfireball.net)Jason Kottke of kottke.org has turned his blog over to covering the Trump-Musk administration. (kottke.org)EconomyThe January NFP report showed a 143k rise in jobs and 4.0% unemployment rate. (calculatedriskblog.com)Despite good headline numbers, the NFP report shows continued slowing in the labor market. (bonddad.blogspot.com)Earlier on Abnormal ReturnsPodcast links: thinking long term. (abnormalreturns.com)What you missed in our Thursday linkfest. (abnormalreturns.com)Longform links: fearing the future. (abnormalreturns.com)You can now follow us on Bluesky. (bsky.app)Are you signed up for daily e-mail newsletter? Well, you should. (abnormalreturns.com)Mixed mediaBrian Klass, "Even in Gilded Age America, with all its injustices, and where the pursuit of wealth was hardly condemned as sin, society’s richest members were expected to use their riches to benefit the public in times of crisis." (theatlantic.com)Why you should never trust the 'word' of a U.S. Senator. (wsj.com)Outrage fatigue is real. (scientificamerican.com)
Markets
- A lot has changed since the Tulip Bubble. Human nature hasn't. (ritholtz.com)
- Investors should be more worried about overvaluation, that high stock market concentration. (wsj.com)
Finance
- How diversity programs could become a risk-factor for companies. (linkedin.com)
- More things are lining up against short sellers over the next four years. (institutionalinvestor.com)
- Is the carried interest loophole really at risk? (axios.com)
Fund management
- Fund fees matter, period. (morningstar.com)
- We are way past the peak interest in sustainable investing. (axios.com)
Masayoshi Son
- Softbank is planning to invest $40 billion into OpenAI at a $260 billion pre-money valuation. (cnbc.com)
- A review of Lionel Barber's new book "Gambling Man: The Wild Ride of Japan's Masayoshi Son." (valueandopportunity.com)
AI
- How the AI boom differs from the Dotcom boom. (paulkrugman.substack.com)
- DeepSeek aside, Big Tech isn't pulling back on capex just yet. (spyglass.org)
- How much did Meta ($META) rely on copyrighted works to seed its AI program. (arstechnica.com)
- ChatGPT is booming. (bigtechnology.com)
Media
- The Trump administration is moving to cancel media subscriptions. (axios.com)
- Another once respected publication, the LA Times, has jumped on board the Trump train. (daringfireball.net)
- Jason Kottke of kottke.org has turned his blog over to covering the Trump-Musk administration. (kottke.org)
Economy
- The January NFP report showed a 143k rise in jobs and 4.0% unemployment rate. (calculatedriskblog.com)
- Despite good headline numbers, the NFP report shows continued slowing in the labor market. (bonddad.blogspot.com)
Earlier on Abnormal Returns
- Podcast links: thinking long term. (abnormalreturns.com)
- What you missed in our Thursday linkfest. (abnormalreturns.com)
- Longform links: fearing the future. (abnormalreturns.com)
- You can now follow us on Bluesky. (bsky.app)
- Are you signed up for daily e-mail newsletter? Well, you should. (abnormalreturns.com)
Mixed media
- Brian Klass, "Even in Gilded Age America, with all its injustices, and where the pursuit of wealth was hardly condemned as sin, society’s richest members were expected to use their riches to benefit the public in times of crisis." (theatlantic.com)
- Why you should never trust the 'word' of a U.S. Senator. (wsj.com)
- Outrage fatigue is real. (scientificamerican.com)
