Ritholtz's Reads: Passive Funds Are Taking Over
Get ready for today’s mess with our hand-curated morning train reads:
Investors Snub Money Managers for Indices: Passively managed U.S. funds attracted $413.8 billion, while active managers lost $207.3 billion in 2015 (WSJ)
Are Commodities a Necessary Portfolio Component? (Reformed Broker)
After Two Years of Upheaval, PIMCO’s Path to Recovery (CIO)
Scientists move one step closer to turning water into hydrogen fuel, affordably (CS Monitor)
A Towering Chinese Debt Mountain Looms Behind Market Gyrations (Bloomberg)
Why Parallels Between Netflix and Amazon Should Worry Media Titans (NYT)
A Classic Psychology Study Explains Why Winning the Lottery Wasn’t Going to Make You Happier Anyway (New York Magazine)
What are you reading?
It Was Just Resting
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