Hedge Fund Fees and the Bull-Market Blues

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 Tuesday morning train reads:

• Hedge Fund Investors Stop Paying for Bad Returns (Barron’ssee also All the Fun Is Going Out of Hedge Funds (Bloomberg View)

• Why a surging stock market isn’t making ordinary investors happy (The Guardian)

• Apple chief Tim Cook’s five years in five charts (Financial Timesbut see also The Apple-Google shift (Medium)

• The Robots Are Coming. Welcome Them (WSJ)

• Seller’s Paradise: Companies Build Bonds for European Central Bank to Buy (WSJsee also World’s Biggest Bond Traders Undeterred by Negative Yields (Bloomberg)

• Libertarian nominee Johnson: ‘This is the demise of the Republican Party’ (CNBC)

• Rent-to-Own Homes: A Win-Win for Landlords, a Risk for Struggling Tenants (Dealbookbut see This is the best time in history to invest in real estate (Marketwatch)

• Evidence points to another Snowden at the NSA (Reuters)

• The Unicorn Hedge (500 Hatsbut see Area VC Decries Bubble Talk By Decrying Another Bubble With Talk (Mattermark)

• What does a dog want more – “good boy” or treats? (Washington Post)

Junk Bonds Regain Fans 

Source: WSJ

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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:
James Greiff at jgreiff@bloomberg.net