Psychopaths Don't Always Win After All
My 30th anniversary morning train reads:
- How to Invest At All-Time Highs (Bloomberg View)
- Bankrolling the Big Short (Institutional Investor)
- Beneath the Market Rally: A Lot Less Trading. Low volatility, rise of passive funds and lack of market-moving news have kept many investors on sidelines (Wall Street Journal)
- "Psychopath" Hedge Fund Managers Make Less Money: Being manipulative and mean isn’t the secret to success, a new study by two psychology professors says. (Bloomberg)
- Shiller: A Stock Market Panic Like 1987 Could Happen Again (New York Times) but see What Didn’t Happen on Black Monday 1987 (Elm)
- These Americans Were Tricked Into Working For Russia. They Say They Had No Idea. (BuzzFeed)
- How to Tell the Truth (a16z)
- "It’s able to create knowledge itself": Google unveils AI that learns on its own (Guardian)
- How Scientists Watched the Stars Collide (Bloomberg View)
- It’s a Fact: Supreme Court Errors Aren’t Hard to Find (ProPublica); see also The Supreme Court Is Allergic To Math (FiveThirtyEight)
What are you reading?
How big is the risk of another Black Monday equities crash?
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