It’s the middle of the week and we're approaching the end of the summer. Have no fear, though, our expertly-curated morning train reads are here to help you:

  • Buffett: "If you’ve got 160 IQ, sell 30 points to somebody else because you won’t need it in investing." (Farnam Street)
  • Stock Market Bubble? The Warnings Grow Louder (CNN Money) but see Jim Cramer: This Stock Market Is Despised (The Street)
  • Google’s Growth Since Its IPO Is Simply Amazing (Quartz)
  • The Cost of Looking for Luck (Chief Investment Officer) see also Do Superstitious Traders Lose Money? (SSRN)
  • Shiller’s CAPE and Math (Statistical Ideas)
  • First-Time Buyer Comparisons Can Be Deceiving in Housing Market (Real Time Economics) see also With Rentals in Fashion, Apartment Construction Hits 25-Year High (Real Time Economics)
  • Can Anyone Stop Comcast? (The Verge)
  • Delaware Becomes the First State to Give Heirs Broad Digital Assets Access (Ars Technica)
  • Always Talk to Strangers (The Atlantic)
  • Nobody Knows How Many Americans the Police Kill Each Year (FiveThirtyEight)

What are you reading?

In 2008, Averages Didn't Confirm New Highs, Signaling Dow Theory Reversal

Source: Fidelity
Source: Fidelity

To contact the author of this article: Barry Ritholtz at

To contact the editor responsible for this article: Alex Bruns at