Ritholtz's Reads: How Luck Works

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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Spring has sprung! Before you go out to enjoy that delightful warmer weather, pour yourself a hot mug of Major Dickason’s Blend, and enjoy these longer form weekend reads:

  • Disney’s $1 Billion Bet on a Magical Wristband (Wired)
  • A Sucker Is Optimized Every Minute (NY Times)
  • Funds Run by Robots Now Account for $400 Billion (Bloomberg)
  • Inside Graphene City, Birthplace of a Wonder Material (Vice)
  • How luck works (Aeon)
  • The Little “Fighter” That Couldn’t: Moral Hazard and the F-35 (John Q. Publicsee also DOT&E Report: The F-35 Is Not Ready for IOC and Won’t Be Any Time Soon (Pogo)
  • 26 charts and maps that show the world is getting much, much better (Vox)
  • The Hunting of Billie Holiday: How Lady Day found herself in the middle of the Federal Bureau of Narcotics’ early fight for survival. (Politico)
  • Gone in 30 Seconds: Motorcycle Thieves, Stunt Riders, and One Wild CHP Sting (Los Angeles Magazine)
  • The Irrationality of Alcoholics Anonymous: Its faith-based 12-step program dominates, but the central tenets of AA doctrine have been debunked (The Atlantic)

Checkout our Masters in Business interview this week with Mebane Faber of Cambria investments.

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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