Ritholtz's Reads: Stock Bots Make Millions

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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Halfway through the workweek, and its time for the best morning train reads in the land:

  • A Bot Made Millions on Wall Street by Reading Tweets. It Also Ate This Guy’s Lunch. (Slate)
  • Yes, Millennials, Please Invest in Your 401k (Barron’s)
  • Guy Trading at Home Caused the Flash Crash (BVsee also CFTC Charges U.K. Resident Navinder Singh Sarao and His Company Nav Sarao Futures Limited PLC with Price Manipulation and Spoofing (CFTC)
  • Is Government Debt Too Low? (Real Time Economics)
  • Here’s Why Apple Is Building Solar Farms in China (Bloombergsee also Custom Watch Faces (Daring Fireball)
  • Keynes Is Set To Lose the British Election, but Piketty May Win (New Yorker)
  • Tax Cuts Boost Jobs, Just Not When Targeted at Rich (Real Time Economicssee also Economists have discovered how bad the economy really is (Wonkblog)
  • Tough, Cheap, and Real, Detroit Is Cool Again (National Geographic)
  • The Bot Bubble: How Click Farms Have Inflated Social Media Currency (New Republic)
  • Comedy vs. anti-science: 10 amazing videos that show how humor can make a difference (Salon)

What are you reading?

Goldman Sachs and Morgan Stanley Find Different Paths to Profit


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