The Yale Model and the Trump-Kelly Con

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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The finest morning train reads in the land:

  • S&P 500: World’s Largest Momentum Strategy (A Wealth of Common Sense)
  • The Yale (and Harvard, Stanford, MIT … ) Model (CIO)
  • Overconfident Enemy In Mirror (; see also Do You Suffer from Memory Blindness? (Scientific American)
  • The Real Reason Big Pharma Wants to Help Pay for Your Prescription (Businessweek)
  • The Sorry Legacy of the For-Profit College Boom (The New Yorker)
  • Donald Trump, Megyn Kelly and the art of the con (Poynter); see also More Watch "NCIS" and "Voice" Than Kelly’s Trump Interview (NYT)
  • Never underestimate the Democrats’ ability to blow a presidential race (The Week)
  • Soon We Won’t Program Computers. We’ll Train Them Like Dogs (Wired)
  • Top 100 Economics Blogs of 2016 (Intelligent Economist)
  • ESA’s Swarm Mission Is Mapping How the Earth’s Magnetic Field Is Changing (Motherboard)

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Barry Ritholtz at

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Brooke Sample at