Ritholtz's Reads: The Worst Investment in History

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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This morning’s train reads were prepared with a heavy heart, but no worries, we still have you covered:

  • The Nasdaq is doing the most bullish thing a market can do (MarketWatchbut see As FTSE Hits a 15 year Record, Beneath the Surface... (Moneybeat)
  • Climbing the Great Wall of Worry in China (Market Anthropology)
  • The Winners Curse: Too Big to Succeed? (SSRN)
  • The active fund management model is not fit for purpose (FTsee also Yes, the World Is Out to Get Active Managers (BV)
  • The Entrant’s Guide to The Automobile Industry (Asymco)
  • Gold Is the Worst Investment in History (Daily Finance)
  • Gresham’s Dynamic: Why Bad Actors Dominate Financial Services (Scholarly Financial Plannersee also Five Ways Your Financial Adviser Can Screw Up Your Retirement, Legally (Bloomberg)
  • Marco Rubio And The Pareto Frontier (FiveThirtyEight)
  • The Solar Business Now Employs More Americans Than Coal Mining (Slate)
  • Hackers impersonating IT staff popular tactic in data breaches, FireEye finds (ZDNet)

What are you reading?

The One Chart that Explains 401(k) Fees


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