Ritholtz's Reads: The Growing Ranks of the Ultra-Rich

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 has been quite the week. Here are your pre-NFP morning train reads:

  • Fees matter more than asset allocation (FTsee also Why You Owe Your Freedom to Jack Bogle (Total Return)
  • Number of ultra-rich swells to almost 173,000 (The Guardian)
  • Shilling: Look Out Below, Copper’s Falling (BV)
  • Fed’s Williams: Ready to Consider Rate Rises Starting This Summer (Real Time Economicssee also Six Charts That Tell the Story of the Unfathomably Bleak Economy the Fed Faced in 2009 (RTE)
  • Apple Found Its Newest Billboards On The Internet (BuzzFeed)
  • 5 Incredible Facts About the Current Retirement Market (Ed Slott and Companysee also Ignore the Gurus, Baby Boomers. Your Retirement Is Inevitable. (Slate)
  • U.S. Strategy in Iraq Increasingly Relies on Iran (NYT)
  • Scientists have figured out what makes Indian food so delicious (WonkBlogbut see also Why delicious Indian food is surprisingly unpopular in the U.S. (WonkBlog)
  • CO2 Levels for February Eclipsed Prehistoric Highs (Scientific American)
  • The E-mail Scam with Centuries of History (Pricenomics)

Be sure to check out this weekends Masters in Business, featuring Merrill Lynch’s North American Economist, Michelle Meyers.

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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