Ritholtz's Reads: A New Rule Makes Stockbrokers Swear

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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Here are our Two-fer Tuesday morning train reads:

  • 5 Things to Know About China’s Currency Devaluation (WSJ)
  • The Big AlphaBet (Om Maliksee also Here’s the Hidden Joke in Google’s Letter Announcing Alphabet (Bloomberg)
  • The new Obama rule that’s making stockbrokers swear: Whose interest is a retirement adviser supposed to serve? (Politico)
  • Publicly traded money managers not seeing asset growth (Pensions & Investmentssee also An outburst of outrage about private equity fees (FT)
  • Global reflation vs. deflation (Fidelity)
  • Three Edges to Beat Mr. Market (Seeking Wisdomsee also Is Momentum Misunderstood? (Irrelevant Investor)
  • The new switchers (Asymco)
  • Microsoft Exec’s Investing Answer: Charlie Munger. Tren Griffin says Munger’s approach is what investors need (WSJsee also Charlie Munger on The Psychology of Human Misjudgment (ContrarianVille)
  • Israeli Solar Warms Up (Slate)
  • The first round of post-debate polls are out, and Donald Trump has a commanding lead (Business Insidersee also Rand Paul’s Eye-Roll Marked the End of the 9/11 Era: The attacks of 2001 are no longer the potent GOP rallying point they once were. (The Nation)

What are you reading?

China Devaluation

Daily Shot

This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.

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