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This Article is From Mar 03, 2017

Saving the World and Self-Serving Bias

Saving the World and Self-Serving Bias

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(Bloomberg View) -- Oh, Snap! Our post-rally morning train reads:

  • Why the Trump Agenda Is Moving Slowly: The Republicans' Wonk Gap (the Upshot)
  • For Better or Worse, Ackman Still Bets Against Herbalife (Bloomberg View)
  • Voila! How to Bet on "Frexit" (Wall Street Journal)
  • Public Bike Sharing: Analyzing the Usage Data in U.S. Cities (Priceonomics)
  • Conscious consumerism is a lie. Here's a better way to help save the world (Quartz)
  • Disclosure is a very poor substitute for “best interest.” (Teachable Moment)
  • Psychologists uncover a new self-serving bias -- if it's my theory, it must be true (British Psychological Society)
  • Trump's Russian connections: Donald Trump's ties to Russia are a mix of bling, business and bluster spanning 30 years (Financial Times)
  • Home Runs Are No Longer Paying the Bills (Wall Street Journal)
  • "Gary from Chicago," the Oscars' best meme, didn't ask for your attention (Washington Post)

What are you reading?

A New Way to Look at 'Crazy' Stock Valuations

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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.

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