{
  "id": 15444616,
  "title": "Sunday links: capturing AI beta",
  "url": "https://urgent.news/2026/10/18/sunday-links-capturing-ai-beta",
  "topic": "ai",
  "section": "AI",
  "published": "2026-10-18T14:42:16.000Z",
  "source": {
    "name": "Abnormal Returns",
    "slug": "abnormal-returns",
    "url": "https://abnormalreturns.com/2026/10/18/sunday-links-capturing-ai-beta/"
  },
  "original_language": "en",
  "account": "Markets: The on-the-run 30-year Treasury bond has a duration of around 14 years. Berkshire Hathaway is an index unto itself. Investors are considering how to diversify in an age of AI concentration. Confirmation bias should be avoided when making investment decisions.\n\nETFs: More ETFs will soon be available than mutual funds. Tax treatment matters when it comes to derivative income ETFs. Eight myths about semiliquid funds are debunked, including the idea that incentive fees encourage managers to perform better.\n\nVenture capital: VCs cannot afford to miss out on the AI boom. They are scaling up to meet the moment.\n\nTaxes: The pass-through entity has become a tax nightmare. Switzerland has its own unique approach to taxing wealth.\n\nConflicts of interest: The CFTC pulled the plug on an investigation due to potential conflicts of interest. A large majority of Americans believe Donald Trump is enriching himself while in office. Elon Musk is largely funding Ken Paxton's campaign.\n\nElection integrity: State-level officials, particularly Secretaries of State, play a crucial role in ensuring election integrity. Federal election meddling is well underway.\n\nEntitlements: Saving Social Security requires significant reforms. Medicare for All could be implemented in practice. SNAP beneficiaries are falling victim to scams.\n\nStay in touch: Work in wealth management? Sign up for the exclusive Talking Wealth newsletter. Don't miss a thing! Sign up for the daily e-mail newsletter.\n\nPolicy: The U.S. government has never invested in private companies at this scale. Despite the potential damage, the administration still wants to paint the Executive Office.\n\nEconomy: What is the right interest rate for the economy? The economic schedule for the coming week is outlined.\n\nMixed media: A24's film \"You Can See Everything\" has been a hit. Elizabeth Holmes was ahead of her time.",
  "summary": "Markets The on-the-run 30-year Treasury bond has a duration of around 14 years. (apollo.com) Berkshire Hathaway ($BRK.A) is an index unto itself. (trendlabs.com) Strategy How to diversify in an age of AI concentration. (awealthofcommonsense.com) Beware confirmation bias. (ritholtz.com) ETFs There will soon be more ETFs than mutual funds. (thedailyupside.com) Why tax treatment matters for…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}