Bad ETFs, Culture Shifts and a Big No

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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I’m off to the deep woods of Maine. Before I head out, a few morning plane reads:

  • The Worst ETFs You Can Own (A Wealth of Common Sense); see also The Case Against Annuities (Barron’s)
  • The big puzzle in economics today: why is the economy growing so slowly? (Vox)
  • Bill Gates: America’s Best Days Are Not Behind Us (GatesNotes)
  • College Endowments Seen Posting Worst Returns Since 2009 (Bloomberg
  • Microsoft has become richer through its culture shift (Financial Times)
  • Summer of Podcasts! (Reformed Broker)
  • The Silicon Valley of Space Start-Ups? It Could be Seattle (New York Times)
  • Why is AARP cozying up to the right-wing group ALEC while big corporations flee? (LA Times)
  • “No.” (Medium)
  • The Executive Mr. Trump: The surprising truth about Trump as a boss -- from the people he’s hired, fired and micromanaged. (Politico)

What are you reading?

Where Americans are spending their gas savings

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Barry Ritholtz at

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Brooke Sample at