Ritholtz's Reads: The Relationship Between Fees and Performance

Barry Ritholtz is a Bloomberg View columnist. He founded Ritholtz Wealth Management and was chief executive and director of equity research at FusionIQ, a quantitative research firm. He blogs at the Big Picture and is the author of “Bailout Nation: How Greed and Easy Money Corrupted Wall Street and Shook the World Economy.”
Read More.
a | A

My reads for your morning train ride:

  • Mohamed El-Erian: Investors Beware: Economists at Large (FT)
  • Top 10 Countries Hoarding Cash (Wall St. Cheat Sheet)
  • Study: A hedge fund manager's performance-based incentive fees are indicative of his or her appetite for risk and leverage rather than skill. (CIO) see also Do Incentive Fees Signal Skill? Evidence From the Hedge Fund Industry (SSRN)
  • Firm Inefficiency (Overcoming Bias)
  • It's easy to pick on Santelli for his failed forecasts, constant fear-mongering and refusal to believe economic statistics (TNR)
  • Clayton M. Christensen's Theory of 'Disruption' Has Been Debunked. Can We All Move on Now, Please? (The Guardian)
  • There's a Secret Craigslist Just for Rich People (Buzzfeed) -- a "secret" data feed, LOL.
  • Rand Paul: Rick Perry Is Dead Wrong (Politico)
  • This 28-Year-Old Knows Which Artists You'll Be Listening to 6 Months From Now (MoJo)
  • New Tumblr: Sadfootballers (Subtitle -- The World Cup: Making grown men cry since 1930) (Sadfootballers)

What are you reading?

Americans are still reluctant to call it quits

This column does not necessarily reflect the opinion of Bloomberg View's editorial board or Bloomberg LP, its owners and investors.

To contact the author on this story:
Barry L Ritholtz at britholtz3@bloomberg.net