Ritholtz's Reads: Sucker-Punched Clients

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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Start your week off right with our morning train reads:

  • Hedge Funds Have a Performance Problem (Bloomberg Gadfly)
  • How To Pick The Right ETF (Wealth of Common Sense)
  • Putting the Client Last: A Former Investment Banker Explains How Clients are Being Systemically Sucker-Punched (Pro-Market)
  • How to pick a financial adviser (could be the most lucrative decision you ever make) (Washington Post)
  • The Fed Wants Markets to Stop Taking the Dot Plot So Seriously (Bloomberg)
  • Luxury Second-Home Prices Up 11% in 2015 (Barron’s)
  • Scott Adams: Who’s Afraid of Donald Trump? (Dilbert)
  • Support for SCOTUS hearings remains strong (CNN), see also Biden Says Stalemate Over Garland Risks Constitutional Crisis (Bloomberg)
  • In Syria and Iraq, the Islamic State is in retreat on multiple fronts (Washington Post)
  • Did the moon shift its axis? Mysterious ice deposits reveal clues. (Christian Science Monitor)

Be sure to check out our Masters in Business interview with University of Pennsylvania professor Philip Tetlock, co-author of "Superforecasting: The Art and Science of Prediction."

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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 Ritholtz at britholtz3@bloomberg.net

To contact the editor responsible for this story:
Zara Kessler at zkessler@bloomberg.net