My morning train plane reads:
• The World’s Most Powerful Stock Pickers Don’t Manage a Penny (Bloomberg)
• The Laws of Capitalism are Being Rewritten (Reformed Broker) see also The Profit Motive Behind Financial Complexity (Bloomberg View)
• 25 book recommendations from some of the smartest people in tech (Business Insider)
• Global Alternative Assets Soar to $6.2 Trillion (CIO) but see Hedge-Fund Investors Dump Laggards, 84% Redeem in First Half (Bloomberg)
•In New York, a Falling Market for Trophy Homes in the Sky (NYT)
• Sam Wyly’s battle with IRS, SEC reveals games of the superrich (MarketWatch) see also How the Carried Interest Loophole Makes the Super-Rich Super-Richer (Capital & Main)
• Why golf has gone the way of the three-martini lunch (Marketwatch)
•Dallas Chief to Lawmakers: Do Your Job on Gun Control (Daily Beast) see also Texas Open-Carry Laws Blurred Lines Between Suspects and Marchers (NYT)
• How the unrest of the 1960s compares to today, according to the people who lived through it (Wonkblog)
• Clinton survives another Salem trial (Washington Post) but see Democrats Will Learn All the Wrong Lessons From Brush With Bernie: Instead of a reality check for the party, it’ll be smugness redoubled (Rolling Stone)
What are you reading?
When it comes to diversity, Europeans are less positive than Americans
Source: Pew Research Center
