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House-Flipping, Buybacks and the Walkman

House-Flipping, Buybacks and the Walkman

(Bloomberg Opinion) -- My midweek morning train reads:

• Extreme Makeover: Rich Barton Has A $700 Million Stake In Zillow And Plans To Turn It Into A Home-Flipping Machine (Forbes)
• Decline in Share Buybacks Poses a Hurdle for Stock Market: Share repurchases by companies recently contracted for the first time in seven quarters (Wall Street Journal)
• Empty Desks and Early Beers: Life at Deutsche Bank in New York (Bloomberg)
• The Walkman just turned 40 — here's how listening to music has changed over the years (Business Insider)
• Half of Americans Are Effectively Poor Now. What The? (Eudaimonia) see also The U.S. Labor Market Is Less Healthy Than It Appears (Bloomberg Opinion)
• Investors are nuts to think a July interest-rate cut is a slam dunk (Marketwatch)
• How a lawsuit could reveal secrets about Silicon Valley’s favorite philanthropic loophole: A tax break for the poor created a $110 billion charity stockpile, called donor-advised funds. It isn’t getting any smaller. (Recode)
• Why plants don’t die from cancer (PBS)
• Andre Iguodala on the Business of Basketball (New Yorker)
• You’re Grilling Wrong! Chefs Share What Not to Do Over the Coals (Bloomberg) see also Ready, set, grill: A guide to outdoor cooking (Washington Post)

What are you reading?

Along Party Lines

House-Flipping, Buybacks and the Walkman

Source: Statista

To contact the editor responsible for this story: James Greiff at jgreiff@bloomberg.net

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

Barry Ritholtz is a Bloomberg Opinion columnist. He founded Ritholtz Wealth Management and was chief executive and director of equity research at FusionIQ, a quantitative research firm. He is the author of “Bailout Nation.”

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