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Sneakers, Losers and Capitalism

Sneakers, Losers and Capitalism

(Bloomberg Opinion) -- My morning train reads:

• Buy Low-Tops, Sell High-Tops: StockX Sneaker Exchange Is Worth $1 Billion (New York Times)
• Most of the 2020 Democratic candidates are already doomed (Politicosee also Winners and losers from the Democratic presidential debate’s first night (Washington Post)
• Capitalism: A Rejoinder (Institutional Investor)
• Media companies are hitting a ‘Trump slump’ with the president’s shock factor wearing off (Axiossee also Metrics show Trump’s tweets are losing their potency (Axios)
• The surprisingly difficult art of doing less (Vox)
• The Insulin Racket (Prospect)
• Latest Suicide Data Show the Depth of U.S. Mental Health Crisis (Bloomberg Businessweek)
• How to Spot (and Avoid) Fake Google Maps Listings (Wall Street Journal)
• He Cyberstalked Teen Girls for Years—Then They Fought Back (Wiredsee also TikTok Has A Predator Problem. A Network Of Young Women Is Fighting Back. (Buzzfeed)
• Millennials Are Finally Getting The Giant Roll Of Toilet Paper They Deserve (Buzzfeed)

What are you reading?

The Young and the Liberal

Sneakers, Losers and Capitalism

Source: Pew Research 

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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