published Aug 13, 2018, 3:34:26 PM, by Lizette Chapman (Bloomberg) — Families divided by politics is a now-familiar story. But the Goodlattes are heightening the drama with a Silicon Valley spin. On Twitter on Sunday, tech investor and early Facebook Inc. designer Bobby Goodlatte threw his support to the Democrat

published Aug 9, 2018, 8:00:08 AM, by Barry Ritholtz (Bloomberg Opinion) — A recent paper summarized in Scientific American raises an intriguing question: Is one of the founding theories of behavioral finance known as loss aversion — the idea that people place more weight on avoiding losses than gains —

published Aug 10, 2018, 6:01:03 AM, by Liz Capo McCormick and John Gittelsohn (Bloomberg) — Women who want to manage money seem to be having better luck doing it someplace other than Wall Street. U.S. firms with the highest share of female portfolio managers are located thousands of miles from

published Aug 12, 2018, 6:00:00 PM, by Matthew Martin, Ruth David and Claire Boston (Bloomberg) — Saudi Arabia’s sovereign wealth fund is working to be part of any investor pool that emerges to take Tesla Inc. private, as Elon Musk enters a week where his plan will draw added scrutiny

published Aug 8, 2018, 3:37:23 PM, by Riley Griffin (Bloomberg) — Millennials have been accused of killing so many products and industries—taxis, landlines, snail mail—that it’s become a media trope. But millennials are old news. Today, businesses and marketers are desperately anticipating the murderous whims of Gen Z, the demographic

published Aug 8, 2018, 5:00:15 PM, by Noah Smith (Bloomberg Opinion) — Suppose a Chinese electric carmaker wants to win market share by selling cars with the best cutting-edge battery technology. How does it get that technology? It can hire some engineers, build a lab and try to develop it

published Aug 8, 2018, 5:25:41 PM, by Anna Edgerton and Erik Wasson (Bloomberg) — The indictment of Republican Representative Chris Collins doesn’t give Democrats an automatic shot at flipping his upstate New York district but it likely will force the GOP to invest more to try to hold what should

published Aug 6, 2018, 9:45:43 AM, by Matt Levine (Bloomberg Opinion) — Crypto pump-and-dumpery. The word “unregulated” has a sort of strange usage in finance. Hedge funds, for instance, are often referred to as “unregulated,” which their compliance teams must find frustrating. Everything is regulated. Hedge funds are not subject to the same

published Aug 7, 2018, 4:25:24 PM, by Lananh Nguyen (Bloomberg) — Investors had better start paying more attention to November’s U.S. midterm elections, according to Standard Chartered Plc. As the campaign for control of Congress enters a crucial phase, Republicans defending seats in some of the most competitive races in

published Aug 7, 2018, 2:02:59 PM, by Polly Mosendz (Bloomberg) — The National Rifle Association says it’ll spend at least $1 million on television ads urging the confirmation of Brett Kavanaugh to the Supreme Court in states represented by four vulnerable Democratic senators and a Republican considered a key vote