Ritholtz's Reads: Probability Beats Predictions

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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Welcome to summer. Start it off right with our low-humidity, morning train reads:

  • Surprise: Some Active Managers are Skilled. (Alpha Architectbut see When Ordinary Beats Extraordinary (A Wealth of Common Sense)
  • Housel: Probability Beats Predictions (Fool)
  • To Apple, Love Taylor (Taylor Swiftsee also Apple Says It Will Pay For Free Streams, After All (Re/Code)
  • McCulley: Escape Fandango​ (Pimco)
  • The housing market, any way you look at it, can’t lose (Marketwatchsee also After an Era of Ups and Downs, Home Prices Return to Sanity (The Upshot)
  • Twitter’s Project Lightning will curate the news around live events (Fortune)
  • U.S. Is Land of the Full-Time Job (Bloomberg Viewsee also Overtime Pay Push Sets White House, Businesses at Odds (WSJ)
  • Pixar’s Mood Master: Can Pete Docter’s new movie change the way viewers think about their emotions? (The Atlantic)
  • Behind the Scenes With the Pope’s Secret Science Committee (Bloombergsee also In the Footsteps of Popes Seeking Worldly Change (NYT)
  • World view: incredible images of the Earth from above. Stunning, surprising and intriguing photographs of the Earth from the skies (The Guardian)

What are you reading?

The ugly truth about hate crimes

Washington Post

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