Puerto Rico's Plight, Flat-Earthers and Evidence

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 shot of Blue Mountain Espresso coffee, grab a comfy swinging chair, and get ready for our longer-form weekend reads:

  • Evidence is not enough (Above the Market
  • A surreal life on the precipice in Puerto Rico, where the government has effectively gone broke. (NYT/Dealbook
  • Can contemporary art become too popular? (Big Think)
  • The superhero genes: One scientist is on a quest to find the genetic mutations that make athletes elite -- and which may lead to new treatments for the rest of us (California Sunday
  • Prospect Capital: the enemy within (Southern Investigative Reporting Foundation)
  • How one journalist uses social media to get inside the minds of ISIS (Wiredsee also: Fifteen years after Sept. 11, is America any safer? (The Atlantic)
  • In 2007, Trump was forced to own up to his falsehoods. And he did. Sort of. (Washington Post)
  • Meet the people who believe the Earth is flat (Mic
  • This cranky rocker is taking on Spotify and the entire music streaming industry (Bloomberg)
  • Inside the Fox News bunker's subterranean newsroom, fear is everywhere. (Vanity Fairsee also CNN's Brian Stelter: Fox News sent a staffer to date me and spy on me (Media Matters)

Be sure to check out our Masters in Business interview this weekend with Michael Mauboussin, head of Global Financial Strategies at Credit Suisse, adjunct professor at Columbia University’s school of business, and author of Untangling Luck and Skill in Sports, Business and Investing.

NAAIM Exposure Index

Source: National Association of Active Investment Managers 

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:
Tracy Walsh at twalsh67@bloomberg.net