Ritholtz's Reads: A Midlife Crisis and the Anatomy of a Meltdown

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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Is it Friday already? There was a lot of green on the screen  yesterday. Thursday's intraday reversal from the gap down was the strongest since the October lows -- then China cuts rates. And our reads: 

  • What Is Russell Investments? Lured by the indexing business, the London Stock Exchange got a consultancy and asset manager in the bargain. (Chief Investment Officer)
  •  Bonds: Anatomy of a Market Meltdown (FT)
  •  Dog Ate the Alpha, Other Excuses for Why Your Fund Stinks (Bloomberg)
  •  If Pimco Were A Country, It Would Be The Most Unequal Place On The Planet (Huffington Post) see also George Soros Just Gave Bill Gross $500 Million To Play With (Business Insider)
  •  Stupid Things Finance People Say (Motley Fool)
  •  Carl Icahn vs. Jeremy Siegel: Dow 20,000? (MarketWatch) but see Don’t Say Warren Buffett and Robert Shiller Didn’t Warn You (The Street)
  •  How a $5,000 IRA Can Grow to $196 Million in Six Years: GAO (Total Return)
  •  The Real Roots of Midlife Crisis (Atlantic)
  •  Cosmigraphics: Picturing Space Through Time in 4,000 Years of Mapping the Universe (Brain Pickings)
  •  Why your Uber driver hates Uber (Quartz)

 This weekend, we have Bob Shiller on Masters in Business. Be sure to check that out.

 The Fed and the Quit Rate

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

To contact the editor on this story:
Alex Bruns at abruns@bloomberg.net