Carnival Games, Luxury Stuff and Beating the Bear
(Bloomberg View) -- My I’m-not-retiring-in-2018 morning train reads:
- Sometimes You Beat the Bear. Lately, the Bear Beats You. (Bloomberg Gadfly)
- The First Cracks in the Market Appear: Stocks recently showed signals of a small pullback, but investors needn’t worry — at least not yet (Barron’s)
- Overcoming a hard-wired bias for loss aversion (Live Mint)
- Neuberger Berman’s Stealth Entrance Into a $40 Trillion Market (Bloomberg)
- The Morningstar Mirage (Wall Street Journal) but see WSJ vs. Morningstar (Reformed Broker)
- Leon Cooperman on Life After an SEC Investigation (Institutional Investor)
- Weinstein scandal puts nondisclosure agreements in the spotlight (Los Angeles Times)
- How Carnival Games Scam You, According to Science (Digg)
- Ask Me How Much Money I Make: Pay Gets More Transparent (Wall Street Journal); see also Gens Y and Z Are Buying Lots of Luxury Stuff After All (New York Times)
- 100 Best Nonfiction Books of All Time (the Guardian)
What are you reading?
Unemployment Versus Average Hourly Earnings
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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.”
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