Category: Commodities

Commodities

Wednesday links: AI unknowns

Market Expert Dec 13, 2025

FinanceLudovic Phalippou and William Magnuson, "In seeking access to public capital without accepting public-company obligations, private equity may have exposed itself to a much more demanding form of accountability." (giftarticle.ft.com)Private equity is now in the business of college sports, via the University of Utah. (axios.com)Biotech M&A is booming. (giftarticle.ft.com)AIHow far has OpenAI fallen behind? (theatlantic.com)Meta ($META) is pivoting away from open source AI models. (bloomberg.com)AI makes up a growing percentage of VC investment. (blogs.cfainstitute.org)MediaBig media mergers don't have a great track record. (variety.com)For consumers it's hard to see upside to either deal for Warner Bros. ($WBD). (theirrelevantinvestor.com)Has Netflix ($NFLX) changed its tune on theaters? (spyglass.org)Streaming prices are going only in one direction. (flowingdata.com)RestaurantsHow fast-growing Jollibee is different than other fast food chains. (theatlantic.com)Cracker Barrel cust

Personal finance links: your emotional life

Commodities

Thursday links: a lack of trust

Market Expert Dec 13, 2025

Investment writingNick's favorite investment writing from 2025 including 'The Last Decision by the World’s Leading Thinker on Decisions' by Jason Zweig. (ofdollarsanddata.com)Book recommendations from Meb Faber's podcast guests including "Breakneck: China's Quest to Engineer the Future" by Dan Wang. (news.theideafarm.com)Prediction marketsOn the Kalshi-ification of everything. (fastcompany.com)If prediction markets are manipulable, do we want news networks relying on them? (slate.com)Gemini ($GEMI) is jumping into the prediction markets game. (theblock.co)CompaniesDisney ($DIS) has thrown in with OpenAI. (spyglass.org)How Ted Combs came to run JP Morgan's ($JPM) new Security and Resiliency investment fund. (giftarticle.ft.com)Eli Lilly's ($LLY) new weight loss drug candidate retatrutide showed big weight loss effects. (biopharmadive.com)EconomyThe Fed has signaled that it will stop shrinking its balance sheet. (investmenttalk.co)When it comes to inflation there is plenty of blame to go

Podcast links: learning the wrong lessons

Commodities

Friday links: securing the bag

Market Expert Dec 13, 2025

MarketsWhat's going on with silver? (capitalspectator.com)The case for rotating into real world companies. (latticework.com)Quant stuffRenaissance Technologies' public funds have had a volatile year. (wsj.com)2025 saw big performance divergences among quant funds. (ft.com)Fund managementWealthfront ($WLTH) is now public. (barrons.com)First Eagle Investments to acquire Diamond Hill Investment Group, Inc. ($DHIL). (investing.com)How Avantis Investors gathered $100 billion in AUM in six years. (riabiz.com)Fidelity is expanding access to tax loss harvesting tools. (thinkadvisor.com)Venture capitalBig seed rounds saw a surge in 2025. (news.crunchbase.com)VC-backed startup founder age is steadily increasing. (tomtunguz.com)Earlier on Abnormal ReturnsPodcast links: learning the wrong lessons. (abnormalreturns.com)What you missed in our Thursday linkfest. (abnormalreturns.com)Longform links: learning something new. (abnormalreturns.com)Don't miss a thing! Sign up for our daily e-mail newslett