Tax Reform and Rescuing Our Brains

(Bloomberg View) -- My end-of-week, live-from-Leen's-Lodge morning train reads:

• Indexers Push Back Against Wall Street (Wall Street Journal) but see Avoiding the Crowd Is a Good Bet for Beating the Stock Market (Bloomberg)
• The Rise of the Tech Model May Soon Make You Obsolete (Institutional Investor) 
• How America Dug a $375 Billion Pension Hole (Bloomberg) 
• A Millennial's Rebuttal (Irrelevant Investor)
• The Tax Reform America Needs (and Probably Won't Get) (New York Times)
• First proof that Facebook dark ads could swing an election (New Scientist)
• Dog DNA shows sociability is innate, not just a trait learned from humans (Quartz)
• The 4 Keys to Learning Anything (Zen Habits)
• Have Smartphones Destroyed a Generation? (the Atlantic); see also Our Minds Have Been Hijacked By Our Phones. Tristan Harris Wants to Rescue Them (Wired)
• Winners of the 2017 National Geographic Travel Photographer of the Year Contest (the Atlantic)

Be sure to check out our Masters in Business interview this weekend with Richard Clarida, global strategic adviser for Pimco since 2006. He also is a professor of economics and international affairs at the School of International and Public Affairs at Columbia University. He was an assistant secretary of the Treasury for economic policy under George W. Bush, and is a recipient of the Treasury Medal of Distinguished Service.

Americans Keep Crushing It With Their 401(k)s

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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.

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