Markets

• The performance of the FAANG stocks has diverged YTD. (wsj.com)
• Howard Lindzon, "Like crypto, meme investing begins at retail." (howardlindzon.com)

Strategy

• As inflation hedges go, stocks are alright. (pragcap.com)
• How indexing makes your investment life easier. (humbledollar.com)

Companies

• How Roku ($ROKU) carved out its own niche in the streaming space. (cnbc.com)
• How Nintendo is transitioning. (mindsetvalue.substack.com)

Semiconductors

• The world is overly dependent on the Taiwan Semiconductor ($TSM). (wsj.com)
• It's not just car manufacturers that are dealing with semiconductor shortages. (wsj.com)

Funds

• Buffer ETFs are complicated. (barrons.com)
• Active ETF launches now outpace passive launches. (finance.yahoo.com)

States

• How some North Carolina towns are redeveloping their old factories for a new era. (nytimes.com)
• Nashville has changed a lot over the past decade. (slate.com)
• A new Colorado law is putting residents in bind. Companies won't hire them for remote positions. (wsj.com)

Policy

• American women continue to delay motherhood. (nytimes.com)
• America's mayors are worn out by pandemic. (politico.com)
• Why Americans underestimate the racial wealth gap. (fivethirtyeight.com)
• Three states, Nevada, Colorado and Washington, have public health insurance options. (vox.com)
• Young American adults die at a higher rate than in other countries, leaving Covid aside. (bloomberg.com)
• The U.S. owes a duty to its Afghan interpreters. (theatlantic.com)

Housing

• Housing isn't a 'bubble' but prices are out of line with fundamentals. (calculatedriskblog.com)
• Signs that things are already slowing down. (calculatedriskblog.com)
• More buyers are putting down at least 20% on their home purchases. (wsj.com)
• Opendoor now buys/sells houses in 39 markets. (thebasispoint.com)

Economy

• Why the quit rate should stay high for awhile. (nytimes.com)
• The economic schedule for the coming week. (calculatedriskblog.com)

Earlier on Abnormal Returns

• Top clicks this week on the site. (abnormalreturns.com)
• What you missed in our Saturday linkfest. (abnormalreturns.com)
• Coronavirus links: near universal vaccination. (abnormalreturns.com)
• Are you a financial adviser looking for some out-of-the-box thinking? Then check out our weekly e-mail newsletter. (newsletter.abnormalreturns.com)

Mixed media

• Not in the office? Head out for a bonding trip. (wsj.com)
• Managing product and people are different. (hunterwalk.medium.com)
• How many hours a day can you really work? (wired.co.uk)

Top clicks this week

1. This combination of factors is good for value stocks. (sentimentrader.com)
2. A look at some alternative asset allocation models including the Permanent Portfolio. (blog.validea.com)
3. Renting is cheaper than buying pretty much everywhere. (nytimes.com)
4. Some advice from Dave Ramsey you can safely ignore. (asuccessfullife.medium.com)
5. Lumber prices are down bigly from their peak. (thereformedbroker.com)
6. The FAANMG premium is gone. (snippet.finance)
7. Have you taken this financial well-being quiz? (evidenceinvestor.com)
8. Jonathan Clements, "Even as we manage our money as though we’ll one day be age 95 or 100, we should also behave as though the next bus has our name on it." (humbledollar.com)
9. How private equity managers transform ordinary income into capital gains. (nytimes.com)
10. Companies need to brace themselves for a wave of resignations as people reassess their lives, post-pandemic. (axios.com)