Sunday links: extraordinary longevity
MarketsWhy municipal bonds are underperforming in 2025. (morningstar.com)How much is too much U.S. stock exposure? (ft.com)BuffettWarren Buffett is stepping down as CEO of Berkshire Hathaway ($BRK.A) (cnbc.com)Who is Greg Abel, the next CEO of Berkshire Hathaway ($BRK.A)? (wsj.com)Nir Kaissar, "Buffett has also quietly bucked the mythical archetype of the all-knowing Wall Street money manager. He never pretends to be omniscient or tries to be." (bloomberg.com)Warren Buffett is still teaching us investing lessons. (tker.co)There will never be another Warren Buffett. (wsj.com)FinanceWhy are money market fund expenses so sticky? (wsj.com)The prime brokerage business is booming. (ft.com)GP commitments in private equity are often an illusion. (cashandcarried.substack.com)FloridaThrough 2022, Florida gained the most from migration from New York. (cbcny.org)Florida lawmakers are still trying to balance safety and costs for older condominium buildings. (npr.org)StatesTexas is now coming after toothpaste makers. (arstechnica.com)A new way to deal with property taxes for older homeowners. (crr.bc.edu)The State of Oklahoma is putting 2020 election misinformation into the classroom. (popular.info)TrumpDavid Brooks, "I had forgotten how exhausting it is to live in Donald Trump’s world." (nytimes.com)The first 100 days has delivered on Trump's promise to extract revenge. (semafor.com)Six contradiction of Trump policy including 'You can’t both eliminate the federal budget deficit and protect Social Security, Medicaid and other popular programs.' (politico.com)How Trump is shaking down Paramount ($PARA). (motherjones.com)Trump is no fan of due process. (reuters.com)ScienceThe NIH is under siege. (science.org)Research funding cuts hit all over the country. (flowingdata.com)What is behind the antipathy towards science? (paulkrugman.substack.com)TariffsAmerican ports are emptying out. (theatlantic.com)Small business are going to be most hurt by tariffs. (wsj.com)The products that we import which come primarily from China, including fireworks. (apolloacademy.com)EconomyThe labor market hasn't cracked, yet. (carsongroup.com)Imports don't 'subtract' from GDP. (noahpinion.blog)The Federal Reserve needs an independent IG. (macroeconomicpolicynexus.substack.com)The economic schedule for the coming week. (calculatedriskblog.com)Earlier on Abnormal ReturnsTop clicks this week on Abnormal Returns. (abnormalreturns.com)What you missed in our Saturday linkfest. (abnormalreturns.com)You can now follow us on Bluesky. (bsky.app)Are you signed up for daily e-mail newsletter? Well, you should be. (abnormalreturns.com)Mixed media30 ways to revive arts and culture including 'We deserve legal disclosure when AI creates a commercial work.' (honest-broker.com)What explains the popularity of older media? (infinitescroll.us)
Markets
- Why municipal bonds are underperforming in 2025. (morningstar.com)
- How much is too much U.S. stock exposure? (ft.com)
Buffett
- Warren Buffett is stepping down as CEO of Berkshire Hathaway ($BRK.A) (cnbc.com)
- Who is Greg Abel, the next CEO of Berkshire Hathaway ($BRK.A)? (wsj.com)
- Nir Kaissar, "Buffett has also quietly bucked the mythical archetype of the all-knowing Wall Street money manager. He never pretends to be omniscient or tries to be." (bloomberg.com)
- Warren Buffett is still teaching us investing lessons. (tker.co)
- There will never be another Warren Buffett. (wsj.com)
Finance
- Why are money market fund expenses so sticky? (wsj.com)
- The prime brokerage business is booming. (ft.com)
- GP commitments in private equity are often an illusion. (cashandcarried.substack.com)
Florida
- Through 2022, Florida gained the most from migration from New York. (cbcny.org)
- Florida lawmakers are still trying to balance safety and costs for older condominium buildings. (npr.org)
States
- Texas is now coming after toothpaste makers. (arstechnica.com)
- A new way to deal with property taxes for older homeowners. (crr.bc.edu)
- The State of Oklahoma is putting 2020 election misinformation into the classroom. (popular.info)
Trump
- David Brooks, "I had forgotten how exhausting it is to live in Donald Trump’s world." (nytimes.com)
- The first 100 days has delivered on Trump's promise to extract revenge. (semafor.com)
- Six contradiction of Trump policy including 'You can’t both eliminate the federal budget deficit and protect Social Security, Medicaid and other popular programs.' (politico.com)
- How Trump is shaking down Paramount ($PARA). (motherjones.com)
- Trump is no fan of due process. (reuters.com)
Science
- The NIH is under siege. (science.org)
- Research funding cuts hit all over the country. (flowingdata.com)
- What is behind the antipathy towards science? (paulkrugman.substack.com)
Tariffs
- American ports are emptying out. (theatlantic.com)
- Small business are going to be most hurt by tariffs. (wsj.com)
- The products that we import which come primarily from China, including fireworks. (apolloacademy.com)
Economy
- The labor market hasn't cracked, yet. (carsongroup.com)
- Imports don't 'subtract' from GDP. (noahpinion.blog)
- The Federal Reserve needs an independent IG. (macroeconomicpolicynexus.substack.com)
- The economic schedule for the coming week. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Top clicks this week on Abnormal Returns. (abnormalreturns.com)
- What you missed in our Saturday linkfest. (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)
