Ritholtz's Reads: Silicon Valley's Wake-Up Call

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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Welcome back to the last full work-week of the shortest month of the year. Start it off right with these morning train reads:

  • Dear Silicon Valley: Here’s your wake-up call (Business Insider)
  • The active fund management model is not fit for purpose (FTsee also Why Active Management Fell Off a Cliff -- Perhaps Permanently (Reformed Broker)
  • Forget the tech bubble. It’s the biotech bubble you should worry about (Quartz)
  • Paulsen: Look Deeper at Valuations (Guru Investor)
  • Marketing Is Dead, and Loyalty Killed It (Harvard Business Review)
  • The One Where Larry Summers Demolished the Robots and Skills Arguments (Next New Deal)
  • Work of prominent climate change denier was funded by energy industry (The Guardiansee also Deeper Ties to Corporate Cash for Doubtful Climate Researcher (NY Times)
  • Meet the tweet-deleters: people who are making their Twitter histories self-destruct (Fusion)
  • Apple’s New Market (stratecherysee also ‘Modern Family’ to Air Episode Shot on iPhones (NY Times)
  • Around the Solar System: We currently have spacecraft in orbit around the Sun, Mercury, Venus, Earth, Mars, a comet, and Saturn, and two operational rovers on Mars. All of them keep sending back spectacular photos (The Atlantic)

What are you reading?

Four Reasons to Boost Your Foreign Stock Exposure

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