Markets

• Americans are feeling more optimistic. (axios.com)
• It's not just houses and semiconductors: shortages are everywhere. (awealthofcommonsense.com)
• Everything is oversubscribed. (theirrelevantinvestor.com)

Strategy

• Aaron, "If you’re not sure if you’re actually gambling or investing, you’re probably gambling." (mr-stingy.com)
• Don't let a hot narrative knock you off your strategy. (behaviouralinvestment.com)
• How to combat blind spot bias. (incognitomoneyscribe.com)

Crypto

• Why it's past time for the SEC to approve a Bitcoin ETF. (bloomberg.com)
• Canada's Purpose Bitcoin ETF shows there is plenty of demand. (theblockcrypto.com)

Finance

• Companies are once again worried about what small investors think about them. (wsj.com)
• Not surprisingly, SPAC deal volume hit a record in February 2021. (forbes.com)

Funds

• Making the case that Peter Lynch is the greatest stock picker of all-time. (ritholtz.com)
• Run the other direction when a fund claims to be a 'hedge fund for the masses.' (morningstar.com)
• The first mutual fund-to-ETF conversions are coming this month. (msn.com)

Global

• U.K. data shows improved outcomes after just one vaccine dose. (wsj.com)
• Brazil is still struggling with high Covid case counts. (washingtonpost.com)
• British Columbia has moved to a 'First Doses First' policy. (marginalrevolution.com)

Housing

• Still no sign of a slowdown in house price increases. (calculatedriskblog.com)
• Softbank-backed real estate broker, Compass, has filed for an IPO. (housingwire.com)
• Lower rents are drawing people back to New York City. (bloomberg.com)
• Demographics are supportive of housing demand for the better part of the decade. (calculatedriskblog.com)

Earlier on Abnormal Returns

• Research links: hard-wiring good behavior. (abnormalreturns.com)
• March ESG links: sustainable momentum. (abnormalreturns.com)
• What you missed in our Monday linkfest. (abnormalreturns.com)
• Adviser links: planners at their best. (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

• The pandemic has validated those startups who were remote from the get-go. (wsj.com)
• In a WFH (forever) model, the relative costs between employers and employees shift. (bloomberg.com)
• Why e-mail is making us miserable. (calnewport.com)

Research

• Why you should be wary of facile comparisons of total returns among asset classes. (priceactionlab.com)
• There are a number of ways to combine factors in a portfolio: here's one way. (blog.validea.com)
• Companies time the release of (good) information around CEO conference appearances. (klementoninvesting.substack.com)
• Crowdsourcing doesn't work when it comes to stock ideas. (alphaarchitect.com)
• Do private equity investors add value on the operational side? Nope. (papers.ssrn.com)
• A round-up of the best white papers from February including "Does seasonality impact Bitcoin returns?" (bpsandpieces.com)

Board diversity

• Board diversity is set to be a big theme in the next proxy season. (pionline.com)
• A barrier to more diverse boards: some companies don't allow non-C-suiters to serve on outside boards. (nytimes.com)
• Norway's giant SWF is pushing companies to put more women on their board of directors. (reuters.com)
• Only one company in 2020 went public in the U.S. with an all-male board. (bloomberg.com)

Governance

• Most companies don't have board members conversant in ESG and climate. (ft.com)
• How to assess a company's diversity and inclusion efforts. (blogs.cfainstitute.org)
• To better implement ESG changes, management is going to need a new Balanced Scorecard. (hbr.org)
• Good corporate governance makes it easier to gain headway on social and environmental issues. (klementoninvesting.substack.com)

Blackrock

• Like it or not, Blackrock ($BLK) and CEO Larry Fink are big players in how ESG is going to evolve. (morningstar.com)
• When Larry Fink speaks, companies take note. At least in their filings. (institutionalinvestor.com)

Factors

• The factor loadings of ESG stocks are not static. (alphaarchitect.com)
• Why ESG investors have a large cap bias. (klementoninvesting.substack.com)
• Has ESG just been one big momentum trade? (citywireusa.com)

Money management

• How does a money manager pivot to an ESG-aware strategy? (blogs.cfainstitute.org)
• Positive ESG developments attract fund manager interest. (papers.ssrn.com)
• Like it or not, ESG strategies will over time get evaluated on their performance. (bloombergquint.com)

ETFs

• Humankind Investments has launched the Humankind US Stock ETF ($HKND). (citywireusa.com)
• Just how green is your ESG ETF? (ft.com)

Ratings

• The FT is getting back into the index business focused on ESG. (ft.com)
• ESG ratings for company often differ, but about when they REALLY differ? (institutionalinvestor.com)

Green energy

• The world's biggest investment managers, like Vanguard, still hold big positions in companies mining and burning coal. (ft.com)
• Big Tech loves to buy green energy. (ft.com)

ESG

• Royal Dutch Shell ($RDS.A) is weaning itself off the oil business. (nytimes.com)
• Pension funds want private equity to step up their ESG game. (institutionalinvestor.com)
• On the relationship between ESG disclosure and potential shareholder litigation. (klementoninvesting.substack.com)
• In the history of the Fortune 500 there have only been 19 black CEOs. (fortune.com)