10 Weekend Reads plus Private Boom

For this weekend's read, I offer Barry Ritholtz's Weekend Reads from his Big Picture blog, this one with interesting looking articles about hedge funds, a history of volatility, and algorithms -- all the good things that make the market run.  There's also a very interesting graphic showing the last 12 years of portfolio construction -- hedge funds vs private funds vs passive funds.  It should be no surprise that passive funds have grown dramatically in the past several years since that's what happens in a long running bull market.  But it should be equally obvious that when the bulls stop running, managed risk investing is the way to go.  Enjoy the wonderful March weather we're finally having after Thursday's grand debacle.


Sat 3-3-18 10 Weekend Reads - The Big Picture

10 Weekend Reads

March 3, 2018 7:00am by Barry Ritholtz

The weekend is here! Pour yourself a mug of Porto Rico Importing coffee, grab a seat by the window, and get ready for our longer form weekend reads:

• Mr. No Comment: When Steven Cohen and the hedge fund elite battle the press, Jonathan Gasthalter — PR man extraordinaire — throws the punches (Institutional Investor)
• The Lottery Hackers: Jerry and Marge Go Large (Huffington Post)
• An abridged, illustrated history of volatility (FT Alphaville)
• A Week Inside WeLive, the Utopian Apartment Complex That Wants to Disrupt City Living (GQ)
• Tone-Deaf: How Facebook Misread America’s Mood on Russia (Wall Street Journal)
• Silicon Valley’s Origin Story The generational shift that made tech companies a cultural and political force (New Republic)
• Inside Wall Street’s Complex, Shameful, and Often Confidential Battle With #Metoo (Vanity Fair)
• The Radical Left-Wing Theory That the Government Has Unlimited Money (Vice)
• How a society gala was used to sell young-blood transfusions to seniors (Stat)
• Algorithmic wilderness: Robo-bees and drone-seeded forests. Can technology mend our broken relationship with the natural world? (Aeon)