Ritholtz's Reads: Three Lessons From Yale's Endowment

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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A short but action-packed workweek. Kick it off right with our artisanal morning train reads: 

• Three Lessons From Yale’s Endowment Fund (Morningstar)

• Can You Pick the Guys Who Pick the Guys Who Pick the Best Stocks? (MoneyBeatsee also Faulty Assumptions (A Wealth of Common Sense)

• BLS on State Unemployment Rates: No State at or above 7%, First Time since early 2007 (Calculated Risk)

• Even as gold prices tank, bearishness hasn’t set in (Marketwatchbut see Meet the treasure seekers who hunt millions in undersea gold (Marketwatch)

• Masters of the Finance Universe Are Worried About China (Bloomberg)

• Anatomy of a NIMBY: Grief over growth is perennial, but it hasn’t always been this bad. How a detente over development failed and fueled the rise of the modern neighborhood preservationist. (Seattle Weekly)

• How ordinary people decide to become terrorists (Vox)

• The iPad Pro Can’t Replace Your Laptop Totally, Even for a Tablet Lover (Re/codesee also Does Apple Still Deserve Its Reputation for Brilliant Design? (Slate)

• The Asteroid Hunters: It’s highly unlikely that a gigantic space rock will crash through our atmosphere and destroy civilization as we know it. But it’s not impossible either.  (Popular Mechanics)

• The Big Issues Of The 2016 Campaign (FiveThirtyEight)

Tech IPOs and Startup Money

Source: Bloomberg Gadfly

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