Ritholtz's Reads: Hedge Funds' Conspiracy of Mediocrity

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.”
Read More.
a | A

It's mid-week already, and your three (four?) day weekend is almost here. Until then, we have your fire-roasted morning train reads:

  • Is This the Top? (A Wealth of Common Sensesee also BAML: Investors Are Cooling on U.S. Equities (MoneyBeat)
  • Wolf: The wary retreat of the bond bulls (FT)
  • Act Local, Solve Global: The $5.3 Trillion Energy Subsidy Problem (IMF Direct)
  • Hedge funds’ conspiracy of mediocrity keeps fees high, returns low (Fortune)
  • Apartments: Supply and Demand (Calculated Risksee also Why New Homes Have Become More Expensive: They’re Much Bigger (Real Time Economics)
  • The Priceless Art of Not Caring (Motley Fool)
  • Wall Street Analyst Encouraged Rail Company to Lobby Against Train Safety Rules (The Intercept)
  • Is the Wearable Health Movement Sustainable? (Re/Code)
  • The Algebra of Evolution (Seeking Wisdom)
  • David Letterman retires: Here’s the most important thing that happened each year of his career (Washington Postsee also 23 Things That David Letterman Invented (Mental Floss)

What are you reading?

Record-High 60 Percent of Americans Support Same-Sex Marriage

Gallup

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