Dumb Alpha, Math Errors and Passive Investing

Here are your Election Day reads.

It’s finally here! Go vote, then read our morning train reads:

• Obama’s Successor Inherits Bond Market at Epic Turning Point (Bloomberg)

• Dumb Alpha: Do the Right Thing (CFA Institutesee also Why Smart People Make Bad Decisions (Collaborative Fund)

• The Trendiest Investment on Wall Street … That Nobody Knows About (WSJ)

• Why the Math Behind Passive Investing May Be Wrong (WSJsee also Market Efficiency and the Impact of Passive Indexing (Value Walk)

• How Big Data Is Creating a Detailed Picture of U.S. Earnings (Real Time Economics)

• How the swing voter went extinct (Voxsee also The Senate’s A Toss-Up: A Race-By-Race Look (FiveThirtyEight)

• How to Satirize This Election? Even the Onion Is Having Trouble (NYT)

• This Time, There Really Is a Hispanic Voter Surge (NYTsee also Campaign Reveals Fault Lines Among Women Voters (WSJ)

• Donald Trump: The unauthorized database of false things (Toronto Star)

• Artificial intelligence moves from sci-fi to daily life (FT)

What are you reading?

Affluent investors shrug at the election


SourceCharles Schwab via The Reformed Broker

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    Barry Ritholtz at

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    James Greiff at

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