Facing Hard Truths in Governing and Investing

(Bloomberg View) -- May Day! Back to work with our morning train reads:

  • Whatever You Do, Don’t Read This Column: Investors have a hard time looking the truth square in the face (Wall Street Journal)
  • Why Not to Speculate During Bull Markets: Lessons from Newton and Druckenmiller (Safal Niveshak)
  • All Those Bubble Sightings Turned Out to Be Mirages (Bloomberg View)
  • Bold Action Needed for Retirement Saving (Bloomberg Gadfly)
  • Staying Competitive as the World Changes (Collaborative Fund); see also ESPN Is A Reminder That When It Comes To The Market, No One Is Too Big To Fail (Arc Digital)
  • The Urban-Rural Divide Matters More Than Red Versus Blue State (New York Magazine)
  • We tend to remember the obstacles we have overcome more vividly than the advantages we have been given. (Upshot)
  • Analysis shows declining engagement with Trump’s tweets: 96% of RTs are from right-leaning accounts; 54% of response tweets are from the left. (Associated Press)
  • National Monuments That Could Soon Be on the Chopping Block (Wall Street Journal)
  • Magnus: The U.S. government believes that tax cuts will be self-funding. The evidence does not support this (Prospect)

Be sure to check out our Masters in Business interview with Meir Statman, Santa Clara University professor of finance and author of "What Investors Really Want" and his latest, "Finance for Normal People."

Trump is least popular president at 100-day mark  

Facing Hard Truths in Governing and Investing

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This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.

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.”

To contact the author of this story: Barry Ritholtz at britholtz3@bloomberg.net.

For more columns from Bloomberg View, visit http://www.bloomberg.com/view.