A Fog of Scandals and the Cult of Berkshire Hathaway
Here are your morning reads.
My Tuesday morning train reads:
- Can the cult of Berkshire Hathaway outlive Warren Buffett? (Quartz); see also World’s Best CEOs: 30 Leaders With Talent to Spare (Barron’s)
- Netflix Is Now as Big as Disney (MoneyBeat)
- In each of the last 10 years, Fidelity’s fabled mutual funds have leaked money, no matter how well they have performed (New York Times); see also Investors Can Miss the Forest for the Smart Beta Trees (Bloomberg Opinion)
- Ignore the Millionaire Mindset; Try the Billionaire Behavior Set Instead (Bloomberg Opinion)
- Europe, not the U.S., is now the most powerful regulator of Silicon Valley (Washington Post) but see Banks Won Big in Washington. What It Means for Investors (MoneyBeat)
- What the Hell Happened at General Electric? (Fortune)
- President Trump’s fog of “scandals” and outrages about the Mueller investigation (Washington Post) but see Donald Trump Wants You to Hate Robert Mueller, Too (Bloomberg Opinion)
- Where in the United States is nature most likely to kill you? (Popular Science)
- What’ll we eat in 2050? California farmers are placing bets. (Grist); see also Are Avocados Toast? (Wired)
- There is no fake news in Showtime’s winning “Fourth Estate” (Baltimore Sun)
Be sure to check out our Masters in Business interview with Ed Yardeni of Yardeni Research. He previously served as chief investment strategist for Deutsche Bank. He is the author of “Predicting the Markets: A Professional Autobiography.”
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