Barry Ritholtz

Barry Ritholtz


Director of Twitter Cognitive Dissonance Chair/CIO of RWM https://t.co/ACeM9Gshks Masters-in-Business radio host https://t.co/PcH76bL3JP

148915 followers  •  1964 follow  •    •   https://t.co/lmR0ZGWAUB

SEC should mandate full disclosure for funds whose investors include public pensions, college endowments or not-for profit foundations, or those where partners get a tax benefit from the carried-interest loophole...

Why? The U.S. Securities and Exchange Commission is considering letting nonaccredited investors put money into closely held investment pools such as hedge funds, private equity and venture capital. This alone is reason to reconsider the issues of transparency and disclosure

Full disclosure would help prevent the sort of fraud that seems to occur so regularly in this space. Everyone knows about the high-profile cases like Bernie Madoff's Ponzi scheme; there are plenty of other examples of fraud in alt space (Google it)

2nd, a huge funding gap between future obligations and assets among state pension funds is $1.28 trillion and growing, Pensions with widespread exposure to alternative investments have not done well. Comprehensive disclosures allows for better/more informed decision-making.

BBRG: Hedge Funds and Private Equity Need Full Disclosure

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You can call say these people "lack a fundamental understanding of the basics of science" -- or you can drop the niceties and just call them “idiots."

"S&P is up 23% YTD, the number of girls that decide to take their own life is up 151%. 3X more self-harm. The pursuit of money at the expense of girls’ wellbeing is the ultimate perversion of our society." @profgalloway 

Trump's legacy could be a cadre of partisan, "under-qualified" Federal judges...

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91 percent of the children killed by guns around the world are American

The U.S. decreased federal funding for sexually transmitted diseases by 40 percent in the last four years, during which time STD rates have skyrocketed to record highs.

Protesters have marched on his Long Island mansion; pressured university endowments to pull money from Renaissance Technologies and demanded the American Museum of Natural History strip Rebekah Mercer of her board seat.

This is horrific and terrifying: Half the World’s Coral Reefs Already Have Been Killed by Climate Change

People are replacing Calvin with Donald Trump in Calvin And Hobbes strips AND ITS AWESOME

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FYI: About the Amazon HQ2: Man, so many people are getting this wrong. No, Amazon did not pull out of the NYC deal – and a lot of people have done a terrible job trying to explain this. A few details that will make things clearer. 1/

Remember when conservatives howled at the auto bailouts? "At $28 billion so far, the farm rescue is more than 2X as expensive as the 2009 bailout of Detroit’s Big 3 automakers, which cost taxpayers $12 billion." Response from Conservatives? Crickets...

The word for 70% is Post WW2 USA, 1944-1979

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