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This Article is From Feb 03, 2018

Manhattan Mansions, Mental Models and Memos

Manhattan Mansions, Mental Models and Memos

(Bloomberg View) -- My end-of-week, jobs day morning train reads:

  • Why Pay Is Lagging in a Tight Job Market (New York Times); see also Half of new jobs were created in these five states (MarketWatch)
  • How GE Went From American Icon to Astonishing Mess (Bloomberg Businessweek)
  • Does Abenomics make Japan the market to buy now? (MoneyWeek)
  • World's Asset Owners Discuss ESG Investment Plans at United Nations (Chief Investment Officer)
  • How Amazon Rebuilt Itself Around Artificial Intelligence (Wired); see also What Amazon Does to Poor Cities (the Atlantic)
  • When Mental Models Fail (Wealth of Common Sense)
  • Why Don't People Want to Buy Manhattan's Spectacular Mansions? (Bloomberg)
  • Letter of Recommendation: Rodney Dangerfield (New York Times)
  • “Unprecedented”: Nine historians on why Trump's war with the FBI is so stunning (Vox); see also Biggest questions about the Nunes memo, answered (Vox)
  • The One Patriots Stat That Eagles Fans Probably Don't Want to Hear (FiveThirtyEight)

Be sure to check out our Masters in Business interview this weekend with Constance Hunter, chief economist of KPMG LLP. She is a past board member of the National Association for Business Economics and a member of 100 Women in Hedge Funds.

Amazon posted a record $1.9 billion profit during the holidays

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This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.

Barry Ritholtz is a Bloomberg View columnist. He founded Ritholtz Wealth Management and was chief executive and director of equity research at FusionIQ, a quantitative research firm. He blogs at the Big Picture and is the author of “Bailout Nation: How Greed and Easy Money Corrupted Wall Street and Shook the World Economy.”

To contact the author of this story: Barry Ritholtz at britholtz3@bloomberg.net.

To contact the editor responsible for this story: Brooke Sample at bsample1@bloomberg.net.

For more columns from Bloomberg View, visit http://www.bloomberg.com/view.

©2018 Bloomberg L.P.

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