Disruption, Revenge and the Word of the Oracle

Here are your morning reads.

My back-to-work morning train reads:

  • We’re All Gun Owners, and Here’s Why (Barron’s); see also Firms Reassess Involvement in Gun Industry in Wake of Florida Shooting (Wall Street Journal)
  • Stocks Are Probably Overpriced, But Don’t Be Too Sure (Moneybeat)
  • Airbnb and the Unintended Consequences of “Disruption” (the Atlantic)
  • Elon Musk’s Uncontested 3-Pointers: What does the Tesla and SpaceX founder have in common with Stephen Curry? (Wall Street Journal)
  • Lessons From the Oracle: Warren Buffett’s Shareholder Letter, Annotated (Bloomberg); see also Buffett’s Annual Letter: Berkshire Records $29 Billion Gain From Tax Law (DealBook)
  • Peter Thiel Got His Revenge on Gawker. He May Yet Regret It (Daily Beast)
  • Digested read: “Skin in the Game” by Nassim Nicholas Taleb (the Guardian)
  • Silicon Valley parents are raising their kids tech-free -- and it should be a red flag (Business Insider)
  • A Wave of Corporate Propaganda Is Boosting Trump’s Tax Cuts: Businesses saw that most Americans didn’t like the tax law at first. So they’ve gone on the offensive. (the Nation)
  • The Mental Health System Can’t Stop Mass Shooters (New York Times)

Be sure to check out our Masters in Business interview with Jerome Schneider, Pimco’s head of short-term portfolio management and funding and Morningstar’s 2015 Fixed-Income Fund Manager of the Year (U.S.).

The Trump Administration Is a Golden Age for Corporate Crooks

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    To contact the author of this story:
    Barry Ritholtz at

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

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