Howard Stern, Marijuana and an Unusual Fish

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 weekend is here! Pour yourself a mug of French press coffee, grab a seat on a swinging chair, and get ready for our longer-form weekend reads:

  • GMO’s Mean-Reversion Strategy Is Tested in Today’s Market (Institutional Investor)
  • Silicon Is Just Sand: Money, murder, and sadomasochism. A journey into the hidden world of the Los Angeles tech boom. (Epic)
  • Elon Musk Says It’s "Pencils Down" for Tesla’s Model 3 (Bloomberg); see also Why Do We Haggle For Cars? (Priceonomics)
  • Confessor. Feminist. Adult. What the Hell Happened to Howard Stern? (New York Times)
  • What Does the Average Cannabis Consumer Look Like? (Headset)
  • A Grand and Disastrous Deceit: "The Report of the Iraq Inquiry" (London Review of Books)
  • A Republican intellectual explains why the Republican Party is going to die (Vox)
  • A Fish So Coveted People Have Smuggled, Kidnapped, and Killed For It (Longreads)

Be sure to check out our Masters in Business interview with Gianni Kovacevic, a venture capital investor and energy expert who just drove a Tesla from Toronto, to Boston, to Florida, then to the Tesla factory in California.

How long can the Fed ignore the uptrend in inflation?

Source: Deutsche Bank Securities

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