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Markets
Strategy
- How to think about liquid alternatives in a portfolio (morningstar.com)
- Barry Ritholtz’s “How NOT to Invest” is a master class for investors. (disciplinefunds.com)
ETFs
- The major players are rushing to launch money market fund ETFs. (riabiz.com)
- ETF traders are now seeing the downside of leverage. (wsj.com)
AI
- AI models were trained on pirated books. See which ones here. (theatlantic.com)
- OpenAI o1-pro was the most expensive model in AI history. (sherwood.news)
- How well do AI search engines cite actual sources? (cjr.org)
- Why AI still struggles to extract data from PDFs. (arstechnica.com)
- Can AI help suss out counterfeit art? (wired.com)
The Military
- Tens of thousands of Afghans who have Special Immigrant Visa status are stranded outside the U.S. (theatlantic.com)
- Closing the Pentagon’s Office of Net Assessment won’t hurt today, but it will down the road. (bloomberg.com)
- Why the military has to pay attention to climate change. (theconversation.com)
Ukraine
- Under what circumstances does abandoning data on kidnapped Ukrainian children make sense? (wapo.st)
- What makes you think Putin wants peace? (nytimes.com)
Economy
- Regional manufacturing surveys are rolling over. (bonddad.blogspot.com)
- Some unconventional measures of economic weakness. (ft.com)
- Americans are anxious about their jobs. (axios.com)
Earlier on Abnormal Returns
- Podcast links: unleashing abundance. (abnormalreturns.com)
- What you missed in our Thursday linkfest. (abnormalreturns.com)
- Longform links: a vision of 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 be. (abnormalreturns.com)
Mixed media
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