Ritholtz's Reads: Greatness in Hindsight

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.”
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Nothing from yesterday's 1.5 percent sell-off in the U.S. -- which spread to Asia and Europe -- made our morning reads (it's not a trend yet):

  • The World's Greatest Stock Picker? Bet You Sold Apple and Google a Long Time Ago. (Washington Post)
  • Tom Dorsey: "I don't make judgment calls, ever. We're purely rules-based." (WSJ) see also Pisani: Why Are Sell-Side Stock Market Analysts so Wrong? (CNBC)
  • Small Caps Are in The Danger Zone (Irrelevant Investor)
  • Germany's Insistence on Austerity Meets With Revolt in the Eurozone (NYT) see also Germany's Industrial Engine Takes an Awkward Holiday, but Eurozone's Largest Economy Isn't on Brink of Collapse (WSJ)
  • The Riskalyze Report (TRB)
  • The Calpers Decision and the Rise of Liquid Alts: There's More Than Meets the Eye to Calpers' Decision to Jettison Hedge Funds. (Morningstar)
  • Why You Haven't Gotten a Pay-Raise (Washington Post) see also Is There a Wage Growth Puzzle? (Tim Duy's Fed Watch)
  • Elon Musk Is the True Successor to Steve Jobs (Quartz)
  • Is Capturing Carbon From the Air Practical? A Columbia Scientist and His Startup Think They Have a Plan to Save the World. Now They Have to Convince the Rest of Us. (MIT Technology Review) see also Tech World Vexed by Slow Progress on Batteries (WSJ)
  • When you can't live in a moment, it's best to live in anticipation of an experience (The Atlantic)

What are you reading?

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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