StrategyWiden your investing lens. (awealthofcommonsense.com)The best investors are running their own race. (klementoninvesting.substack.com)WalmartWalmart ($WMT) is launching a new in-house brand, 'bettergoods.' (axios.com)Walmart ($WMT) is getting out of the health clinic business. (retaildive.com)Eli LillyEli Lilly ($LLY) is selling a lot of weight...

Factor investingPortfolio construction matters when it comes to factor investing. (insights.finominal.com)Does machine learning improve on factor investing? (alphaarchitect.com)ResearchManaged futures returns are lumpy. (rcmalternatives.com)What valuations miss. (morganstanley.com)How much do valuations matter for multi-asset investing? (entrylevel.topdowncharts.com)How...

MarketsCrude oil has greatly outperformed natural gas of late. (allstarcharts.com)The age of super-low interest rates is over. (wsj.com)CompaniesA look at the business of Apple ($AAPL) Airpods. (sherwood.news)Meta ($META) investors need to ask themselves if they trust Zuck. (stratechery.com)The Magnificient Seven has gobbled up hundreds of startups....

PodcastsBen Johnson and Julie Willoughby talk with Jen Abate, Head of Financial Institutions Group at Lazard Asset Management (morningstar.com)Cameron Passmore and Benjamin Felix talk with Meir Statman author of the new book "A Wealth of Well-Being: A Holistic Approach to Behavioral Finance." (rationalreminder.libsyn.com)The bizGoldman Sachs ($GS) is...

MarketsWhy the stock market usually goes up. (humbledollar.com)How stocks, bonds and cash have performed over the past 30 years. (awealthofcommonsense.com)Average returns hide a lot along the way. (tker.co)CompaniesA look at Berkshire Hathaway ($BRK.A) stock on the eve of its first shareholder meeting without Charlie Munger. (barrons.com)The cloud computing...

Top clicks this weekYou likely don't need a long-term bond fund. (wsj.com)Allan Sloan, "Don’t fall in love with your money fund." (barrons.com)Good luck trying to dial risk up and down at the right times. (collabfund.com)At what age do we say people are 'old'? (scienceblog.com)What are to make of the big, and persistent, valuation disparities between...