Donald Trump's Stock Market Ignorance: Charts

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And don't miss Gillian Tan on BlackRock's long-term plans: "It's a relatively unexpected departure for BlackRock, which has amassed trillions under management as a champion of low-cost, passive investing. But the move into longer-term private equity may be worthwhile because it gives BlackRock the chance to offer something that most firms in the industry can't: the potential for far fewer conflicts."

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Max Nisen is a Bloomberg Gadfly columnist covering biotech, pharma and health care. He previously wrote about management and corporate strategy for Quartz and Business Insider.

To contact the author of this story: Max Nisen in New York at mnisen@bloomberg.net.

To contact the editor responsible for this story: Mark Gongloff at mgongloff1@bloomberg.net.

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