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July 14, 2024 6:30am by Barry Ritholtz Avert your eyes! My Sunday morning look at incompetency, corruption and policy failures: • A Couple Won the Powerball. Investing It Turned Into Tragedy. How high fees and low returns hurt a nonprofit that trusted a local financial adviser (Wall Street Journal) • Three Algorithms

July 13, 2024 6:30am by Barry Ritholtz The weekend is here! Pour yourself a mug of  coffee, grab a seat outside, and get ready for our longer-form weekend reads: • How Jeff Yass Became One of the Most Influential Billionaires in the 2024: Election The libertarian who turned Susquehanna into

This week, we speak with Matt Eagan, portfolio manager and co-head of the full discretion team at Loomis Sayles & Co, where he is also a member of the board of directors. He joined Loomis Sayles in 1997 as a fixed-income research analyst for the multisector fixed-income team. Eagan is

@TBPInvictus here: The most recent Employment Situation Summary a/k/a “jobs report” a/k/a NFP showed a healthy gain in jobs, albeit with some meaningful downward revisions to prior months. It also showed an unemployment rate of a still-low 4.1%. That rate is calculated by taking the unemployment level (Numerator) and dividing

 Investing Is Hard with Brian Portnoy (July 10, 2024) Why is investing so hard? It’s because our brains have been trained, over thousands of years, to trust our fear instincts. In this episode, I speak with Brian Portnoy sits down with Barry Ritholtz to explain why humans aren’t built to be

A quick break from book duty and doing our quarterly client call to share this fascinating discussion from tennis great Roger Federer: “In the 1,526 singles matches I played in my career, I won almost 80% of those matches… What percentage of the POINTS do you think I won in

The transcript from this week’s, MiB: Brian Klaas on Flukes, Chance, & Chaos, is below. You can stream and download our full conversation, including any podcast extras, on Apple Podcasts, Spotify, YouTube, and Bloomberg. All of our earlier podcasts on your favorite pod hosts can be found here. ~~~ This is

@TBPInvictus here If you’re tired of California-minimum-wage-and-its-impact-on-limited-service-restaurant-employment stories, I understand. Leave this page immediately. I’m tired of it, too, but some stories are so factually challenged that they demand a response. So, allow me to address a hot mess of a story that appeared recently in the California Globe. In

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Need a Better Way to Manage Your Surplus Goods? Use B-Stock’s Recovery Insights Tool Shoppers today truly want it all—the latest models and styles, fast delivery, easy exchanges, free returns, and so on—and for the most part, leading brands and retailers have gotten great customer experiences down to a science.