Pessimists, Fake News, Truth and Escaping Time

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 mug of French Burundi coffee, grab a seat by the fire, and get ready for our longer-form weekend reads:

  • The Pessimist’s Guide to 2017 (Bloomberg)
  • Get Ready for Dow 20,000: Up 13% so far this year, the Dow is outpacing both the S&P 500 and the Nasdaq. It could continue to outperform in the year ahead. (Barron’s)
  • How Much Equity Do Founders Have When Their Company IPOs? (Priceonomics)
  • Facebook should crush fake news the way Google crushed spammy content farms (Vox); see also Print is dead. Long live print. (Columbia Journalism Review)
  • Google, democracy and the truth about internet search (the Guardian)
  • Live for the moment: The pressure is on for extreme athletes to be constantly producing content, and it’s getting some of them killed. (the Outline)
  • Can We Escape from Time? (New York Review of Books)
  • Political Airpower: The Seductive Allure of Precision Weapons (War on the Rocks, Part I + Part II)
  • Prince’s Closest Friends Share Their Best Prince Stories (GQ)
  • The Tina Fey Interview, by David Letterman (Hollywood Reporter)

Be sure to check out our Masters in Business podcast with Michael Lewis, author of such classics as "Liar’s Poker," "Moneyball," "The Big Short," "Flash Boys" and the just-published book "The Undoing Project" (my review).

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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

To contact the editor responsible for this story:
Brooke Sample at