Ritholtz's Reads: Cheap Gas and Zombie Oil Fields

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 week is coming to an end, as is the calendar year. I'm off to sunnier climes for a few weeks, and probably wont have much to say until the new year. Here's one of our last morning train reads to round out the year:

  • How North Korea, one of the world’s poorest countries, got so good at hacking (Vox) but see Wait, North Korea DIDN’T do it? (Media Equalizer)
  • Buffett and Munger on How to be a Hack (Wealth of Common Sense)
  • Norris: What happens when you turn over regulatory responsibilities to people who think there is really no need for regulation? Crises (NYT)
  • Cheap gas makes suburban houses more valuable (Washington Post) see also Bankers See $1 Trillion of Zombie Investments Stranded in the Oil Fields (Bloomberg)
  • The Perils of Short-Term Bias and the Importance of Feeding the Brain (TraderFeed)
  • Did the Auto Industry Learn Anything From the Bailout? (Bloomberg View)
  • The 50 Most Shared Facebook Posts Of 2014 (Buzzfeed)
  • Admire someone? Write them an email, you might be surprised. (Signal v. Noise)
  • My holiday gift to you:  Mercedes Benz Mixed Tape Download Compilation (Elias Lange)
  • Andrew Luck: The NFL’s Most Perplexing Trash Talker (WSJ)

What are you reading?

Why Are Economists Skinny?

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