Vanguard, Paradoxes, 'Top Gear' and Snopes

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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My early morning pre-fishing reads:

  • Vanguard’s Gain Is Wall Street’s Pain as Billions Leave the Financial Industry (Bloomberg)
  • Is QE unquestionably supportive for risk assets? I think not. (Bond Vigilantes); see also The Case for More Government and Higher Taxes (New York Times)
  • The Paradox of Quant (Reformed Broker)
  • A Swede Returns to Silicon Valley from China (Traintracks)
  • Of Retirement Age, but Remaining in the Work Force (NYT)
  • An American Is Left to Salvage BBC’s Ailing "Top Gear" (Bloomberg)
  • Charles Koch, unfiltered: "I don’t like the idea of capitalism" (Wonkblog); see also Why the world’s third-richest man is attacking Donald Trump (Wonkblog)
  • Can mythbusters like keep up in a post-truth era? (the Guardian)
  • Israel Proves the Desalination Era Is Here (Scientific American)
  • Expansion of the Early Universe Is Modeled in Unprecedented Detail (Scientific American)

Up, up, up

Source: Bloomberg

This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.

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Barry Ritholtz at

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Brooke Sample at