My mid-week morning train reads:
• 2 versions of S&P 500: Market Cap vs Equal Weight: which is the better investment? (Marketwatch)
• The Slow Demise of Mutual Funds Mutual funds are under attack on all fronts. Can they survive?(Wealth Management)
• Push into Smart Beta Slows as Market Matures (CIO)
• Quiet Payments Promote High-Fee Investments for Teachers (Wall Street Journal)
• Japanification the Scourge Threatening to Go Global in 2020 (Bloomberg)
• The Decade the Internet Lost Its Joy: What began as cheerful anarchy was devoured by vulture capital and ruthless consolidation. (Medium) see also How Trolls Overran the Public Square by J. Bradford DeLong (Project Syndicate)
• The I.R.S. Sent a Letter to 3.9 Million People. It Saved Some of Their Lives. (New York Times)
• Silicon Valley’s psychedelic wonder drug is almost here (Fast Company)
• If you like memes about good pizza, New Jersey’s Twitter account is a viral hit (Axios)
• ‘The Expanse’ is coming to Amazon. Creators say it belonged there all along (Los Angeles Times)
What are you reading? Tell me here with #Reads.
After Aramco’s Record IPO, Barely Any of Its Stock Will Trade
Source: Bloomberg
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