What We Can Learn From Elon Musk

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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Summer is here! Start it right with our Tuesday morning train reads:

  • The Real News Is Trump is Broke (Talking Points Memo)
  • Emerging Markets Aren’t Submerging Any More (U.S. News and World Reportbut see MSCI Delays Adding China Stock to Emerging Markets Benchmark (New York Times)
  • A Dozen Things I’ve Learned from Elon Musk About Business and Investing (25iq)
  • 70 Is the New 65: Demographics Still Support "Lower Rates for Longer" (Pimco); see also Potential pitfalls of negative rates: Ultra-low or negative interest rates may lead to unintended economic outcomes in some markets. (Fidelity)
  • Kentucky Pension Fund: “Like a 3rd World Country with 2 Different Governments Claiming Power” (Naked Capitalism)
  • Blockchain Company’s Smart Contracts Were Dumb (Bloomberg View); see also A parliament without a parliamentarian (Interfluidity)
  • Refugees in Greece need internet so badly that they’ll stop a riot to let the wifi guys work (Quartz)
  • Kansas economy finishes 2015 by shrinking three of four quarters (The Wichita Eagle); see also Healthcare company announces plans to leave Kansas, eviscerates Gov. Sam Brownback in open letter (Daily Kos)
  • The Psychology of Buying and Selling a House (Wall Street Journal)
  • Mortgage Companies Seek Time Travelers to Find Missing Documents (the Intercept); see also Fraudclosure: Select Portfolio Servicing Help Wanted -- Chain of Title Specialist (4closure Fraud)

What are you reading?

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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:
Brooke Sample at bsample1@bloomberg.net