Ritholtz's Reads: Public Pensions Bewitched by Hedge Funds

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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Back in New York and ready to jump right into the fray with our hand-curated, morning train reads: 

• A Hedge Fund Sales Pitch Casts a Spell on Public Pensions (NYTsee also Bill Introduced to Require Hedge Funds to Disclose Holdings More Frequently (WSJ)

• Why Due Diligence Is Broken, and How 18 CIOs Would Fix It (CIO)

• The Discovery of Statistical Regression (Pricenomicssee also Playing the Probabilities (Wealth of Common Sense)

• The Uberization of Money (WSJ)

• Goldman’s BRIC Era Ends as Fund Folds After Years of Losses: BRIC fund loses 21% in 5 years (Bloomberg)

• Human Cost Rises as Old Bridges, Dams and Roads Go Unrepaired (NYT)

• Maybe Financial Markets Have Been Wrong All Along (Bloomberg View)

• How disruptive designs wrote automotive history (Classic Driver)

• Streaming Smackdown: Comparing the 10 Top Services, Costs and What They Offer (Hollywood Reporter)

• The Best Steaks in New York, According to Top Chefs (Bloomberg

How S&P 500 Firms Will Spend $2.2 Trillion of Cash in 2016

Source: @ValueWalk

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