Ritholtz's Reads

The Super-Rich and the New Laws of Capitalism

Here are your morning reads.

My morning train plane reads:

  • The World’s Most Powerful Stock Pickers Don’t Manage a Penny (Bloomberg)
  • The Laws of Capitalism are Being Rewritten (Reformed Broker); see also The Profit Motive Behind Financial Complexity (Bloomberg View)
  • 25 book recommendations from some of the smartest people in tech (Business Insider)
  • Global Alternative Assets Soar to $6.2 Trillion (Chief Investment Officer) but see Hedge-Fund Investors Dump Laggards, 84% Redeem in First Half  (Bloomberg)
  • In New York, a Falling Market for Trophy Homes in the Sky (New York Times)
  • Sam Wyly’s battle with IRS, SEC reveals games of the superrich (MarketWatch); see also How the Carried Interest Loophole Makes the Super-Rich Super-Richer (Capital & Main)
  • Why golf has gone the way of the three-martini lunch (MarketWatch)
  • Dallas Chief to Lawmakers: Do Your Job on Gun Control (Daily Beast); see also Texas Open-Carry Laws Blurred Lines Between Suspects and Marchers (New York Times)
  • How the unrest of the 1960s compares to today, according to the people who lived through it (Wonkblog)
  • Clinton survives another Salem trial (Washington Postbut see Democrats Will Learn All the Wrong Lessons From Brush With Bernie: Instead of a reality check for the party, it’ll be smugness redoubled (Rolling Stone)

What are you reading?

Diversity and American Optimism

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    To contact the author of this story:
    Barry Ritholtz at britholtz3@bloomberg.net

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    Brooke Sample at bsample1@bloomberg.net

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