Wednesday links: running out of time

StrategyInvestors are suckers for a good growth story. (behaviouralinvestment.com)Diversification as 'survival insurance.' (safalniveshak.com)Investors will only wait so long for a factor to pay off. (klementoninvesting.substack.com)FinanceMedline ($MDLN) is the biggest IPO of 2025. (cnbc.com)How JP Morgan ($JPM) has transformed their balance sheet. (ft.com)Robinhood ($HOOD) is rolling out even more prediction market functionality. (axios.com)How prop trading firms entice new users. (bloomberg.com)Fund managementWhy is the Bluerock Private Real Estate Fund ($BPRE) trading at a big discount to NAV? (giftarticle.ft.com)Virtus ($VRTS) is pushing deeper into private markets. (citywire.com)Small 401(k) plans typically pay higher fees. Providers have come up with a 'solution.' (morningstar.com)StartupsNow Amazon ($AMZN) could invest in OpenAI. (techcrunch.com)Databricks is reportedly raising capital at a $134 billion valuation. (wsj.com)Waymo is looking to raise capital at a $100 billion val