Ritholtz's Reads: Hedge Fund Performance Fees Fall

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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My two-for-Tuesday morning train reads: 

• Hedge fund performance fees decline sharply (FTsee also For Hedge Funds, a Can’t-Miss Trade Goes Bust: burned after managers are caught in crude oil’s fall (WSJ

• There’s No Way to Avoid Default Without Raising the Debt Limit, Treasury Says (Real Time Economics

• Misconceptions About Individual Bonds vs. Bond Funds (A Wealth of Common Sensesee also Dry Powder (Irrelevant Investor

• Is America Losing Interest in Nuclear Power? (Slate

• Why Uber Has To Start Using Self-Driving Cars (Climateer Investingsee also Tesla’s Autopilot System Is Awesome And Creepy And A Sign Of A Beautiful Future (Jalopnik

• Tech Startups Feel an IPO Chill. Sky-high valuations are starting to backfire on some Silicon Valley companies trying to raise more money (WSJ

• The King’s Gambit: Valeant’s Big Secret (SIRFsee also Did Pill Bro Shkreli Photoshop an X-Ray for Sympathy? (Gawker

• Japan Is Showing the Rest of the World How to Deal With Gun Violence (Mic

• Democrats are in denial. Their party is actually in deep trouble. (Voxsee also Brooks: Republicans’ Incompetence Caucus (NYT

• Over A Year Before 9/11, Trump Wrote Of Terror Threat With Remarkable Clarity (Buzzfeedsee also Raising Republican Hackles, Trump Takes On George Bush’s 9/11 Record (NYT) What are you reading?

Drone Accident History

Source: Vocativ

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

To contact the author of this story:
Barry L Ritholtz at britholtz3@bloomberg.net

To contact the editor responsible for this story:
James Greiff at jgreiff@bloomberg.net