Ritholtz's Reads: Fake Winners and Good Losers

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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The news flow is fraught with distractions and irrelevancies, but we have your back. Morning train reads:

  • New York Mag’s Boy Genius Investor Made It All Up (New York Observer)
  • Be a Good Loser (Meb Faber) see also Intelligent investors must be able to take the bitter with the better. (Irrelevant Investor)
  • Bitcoin is the worst investment of 2014 (Quartz)
  • Citigroup PR: Stop, You’re Making It Worse (Medium) see also Simon Johnson: Citigroup Will Be Broken Up (Baseline Scenario)
  • Foreign Investors Pile Into Bonds (WSJ)
  • Bad call pain of US rate rise timing set to persist (FT) see also Recovery Is Nowhere Near Accomplished, and the Fed Shouldn’t Tighten Policy Until It Is (EPI)
  • Digital giants get bigger at the expense of the small blog sites (The Guardian)
  • The 25 Best Podcast Episodes Ever (Slate)
  • Two psychologists’ role in CIA torture program comes into focus (LA Times) see also The Luxury Homes That Torture and Your Tax Dollars Built (Daily Beast)
  • Stephen Colbert Is Dead. Long Live Stephen Colbert. (Bloomberg Politicsg)

What are you reading?

No love for US stock managers

WSJ

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:
Cameron Abadi at cabadi2@bloomberg.net