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 Journalbut 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

Carnival Games, Luxury Stuff and Beating the Bear

Want to receive our daily reads in your inbox? Sign up here!

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

For more columns from Bloomberg View, visit

©2017 Bloomberg L.P.