Ritholtz's Reads

Big Shorts, Black Holes and Better Jails

Here are your morning reads.

Happy Pi Day! While the last gasps of winter hit the Northeast with a blizzard, the rest of the country can enjoy our morning snow-blowing reads:

  • Great Groveling, Guys: Counting All the Ways Analysts Fawn Over Management (MoneyBeat); see also Wall Street Has Found Its Next Big Short (Bloomberg)
  • Fixed Index Annuities: "Magical" or "Unsuitable"? (Philadelphia Inquirer)
  • U.S. Asset Managers Still Face Difficult Future (Morningstar); see also Trouble ahead for PE investors? (Alphaville)
  • Why market reporters lean toward negative news: Journalists tend to avoid hype and have less to lose from being incorrectly bearish (Financial Times)
  • BlackRock vows new pressure on climate, board diversity (Reuters); see also Behind the Quiet State-by-State Fight Over Electric Vehicles (New York Times)
  • When It Comes to Wall Street, Preet Bharara Is No Hero (ProPublica)
  • "This is like paradise": Seal Beach’s pay-to-stay program actively markets its jail, attracting deep-pocketed offenders (LA Times); see also Afraid of Jail? Buy an Upgrade (Marshall Project)
  • Over 1 Million U.S. Homeowners Regained Positive Equity in 2016 (World Property Journal)
  • A Wild New Hypothesis for How the First Monster Black Holes Formed (Gizmodo)
  • Why Intel is paying $15 billion for Mobileye: Think of your future car as a rolling computer. (Recode)

What are you reading?

Trumpcare Plan Takes Hit With CBO’s Dire Estimates

Source: Bloomberg

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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:
    Brooke Sample at bsample1@bloomberg.net

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