Ritholtz's Reads: Hedge Funds' Conspiracy of Mediocrity
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 Sense) see 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 Risk) see 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 Post) see also 23 Things That David Letterman Invented (Mental Floss)
What are you reading?
Record-High 60 Percent of Americans Support Same-Sex Marriage
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