UFO Conventions and the Value of a CEO

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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Good morning, Cleveland! Here are your LeBron-based train reads:

  • Index we trust: Vanguard has radically changed money management by being boring and cheap (the Economist)
  • Are negative rates a “calamitous misadventure”? ECB economists say no (Brookings)
  • Apple’s Brain Trust -- Iovine, Reznor, Cue and Kondrk -- on Streaming’s New World Order and Why "We All Should Be" Worried (Billboard)
  • How to Gauge a C.E.O.’s Value? Hint: It’s Not the Share Price (New York Times)
  • No One Knows What Will Happen (Wealth of Common Sense)
  • Invert, Always Invert: Will Stocks Diversify Bond Investments in the Future? (Alpha Architect)
  • IRobot, Your Trusted Adviser (Bloomberg Gadfly)
  • The interesting thing that happened when Kansas cut taxes and California hiked them (Washington Post)
  • The Invisible Forces Behind All Our Decision Making (Longreads)
  • Life’s first handshake: Chiral molecule detected in interstellar space (Science Daily); see also Making Contact: A Look At The World’s Biggest UFO Convention (the Awl)

Negative Rates Are the Tools of Our Elderly Oppressors

Source: Bloomberg

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:
Brooke Sample at bsample1@bloomberg.net