Wednesday Links: Where the Real Learning Happens

Strategy

• Sometimes things are really different this time. (awealthofcommonsense.com)
• Few investors are able to overcome a passive portfolio. (mrzepczynski.blogspot.com)

Companies

• Alphabet ($GOOGL) has never been so cheap relative to the market. (sherwood.news)
• Berkshire Hathway’s ($BRK.A) stake in Occidental Petroleum ($OXY) has been a drag over the past year. (barrons.com)
• GameStop ($GME) is sitting on a pile of cash, thanks to retail investors. (sherwood.news)
• Campbell Soup Company ($CPB) is dropping soup from its corporate name. (cnn.com)

you

• The amount of capital pouring into AI is staggering. (wsj.com)
• How Oracle ($ORCL) is benefiting from the rise of AI. (wsj.com)
• Of course, xAI has cut some corners. (sherwood.news)

Sports betting

• Fox plans to exercise its 18.6% option in FanDuel. (awfulannouncing.com)
• ESPN Bet faces an uphill battle. (defector.com)
• Sports betting is not tax exempt. (legalsportsreport.com)

China

• A Look at China’s Price Deflation. (scottsumner.substack.com)
• What China’s electric vehicle boom looks like on the ground. (bigtechnology.com)
• Why Chinese consumers buy luxury goods from Japan. (sherwood.news)
• Why China plans to raise its retirement age. (semafor.com)

Economy

• August CPI saw inflation of 2.5% year-on-year. (calculatedriskblog.com)
• Shelter price deflation has stopped. (bonddad.blogspot.com)
• The state of the labor market is as you see it. (ft.com)
• The downside risks of a recession. (apolloacademy.com)
• The requested rents are fixed from year to year. (calculatedriskblog.com)

Earlier, about Abnormal Returns

• Personal Finance Connections: Playing Stupid Games. (abnormalreturns.com)
• What you missed at our linkfest on Tuesday. (abnormalreturns.com)
• Research Links: Fairly Efficient Markets. (abnormalreturns.com)
• Elder financial fraud is only on the rise. (abnormalreturns.com)
• Renowned personal finance writer Jonathan Clements is dying. He still has a lot to learn. (abnormalreturns.com)
• Are you a financial advisor looking for out-of-the-box thinking? Then check out our weekly email newsletter. (newsletter.abnormalreturns.com)

Mixed medium

• Cottage cheese is having a moment. (fastcompany.com)
• Men probably eat too much meat. (wsj.com)
• How Graza created such a loyal following. (bloomberg.com)