##  [# Hot Reads: Beware the Cult of the Star Business Leader ](/sections/daily-hot-reads/hot-reads-beware-cult-star-business-leader) 

 

# Hot Reads: Beware the Cult of the Star Business Leader 

 

 

 Plus, crypto crisis is shrinking ETF assets in markets that embraced them.



 

 

 

 

 [![RonDay](/sites/default/files/styles/author_image_icon/public/2024-01/etf.com_Author_RonDay.png?itok=XBj72rrJ "RonDay")](/contributors/ron-day) 

[By Ron Day](/contributors/ron-day)

 Nov 25, 2022

 Edited by: Ron Day

 

 

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*Compiled by ETF.com Staff*

**[Cult of the Business Leader Is Dangerous](https://www.ft.com/content/fbd0ff01-9f99-477c-903d-bdaa519946cf)** (Financial Times)

Disruptive C-suite storytellers’ shortcomings now being exposed.

**[Crypto Crisis Shrinks ETF Assets in Market That Embraced Them](https://www.bloomberg.com/news/articles/2022-11-25/crypto-crisis-shrinks-etf-assets-in-market-that-embraced-them?sref=MAODZZNF)** (Bloomberg)

Canada’s crypto ETFs decline to $1.22 billion.

**[Hong Kong Firm Sets Sights on South Korea’s Retail ETF Market](https://www.ft.com/content/fb7081c1-5673-47fd-997b-2ceb5ad3ca48)** (Financial Times)

CSOP Asset Management would become the first Chinese firm to step into the local ETF space.

**[Leave Your Investments Alone in a Down Market](https://www.thinkadvisor.com/2022/11/23/down-market-leave-your-investments-alone-louis-harvey-says/)** (Think Advisor)

“Don’t touch your investments at the bottom of a market,” says Louis Harvey, founder, CEO and president of financial services market research firm Dalbar.

**[Black Friday Missing Door-Buster Deals](https://www.wsj.com/articles/black-friday-crowds-are-back-but-this-year-they-face-inflation-11669324191?mod=business_lead_pos5)** (WSJ)

“Door-busters scare people away,” says Marshal Cohen, chief industry adviser of market research firm NPD Group.

**[Fed Officials Signal 50 BP December Rate Hike](https://www.pionline.com/economy/fed-officials-signaling-50-basis-point-rate-hike-december-minutes-show)** (P&amp;I)

"A substantial majority of participants judged that a slowing in the pace of increase would likely soon be appropriate," according to minutes from Nov. 1-2 gathering released Wednesday.



 

 

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 [ Ron Day Contributing Editor ](/contributors/ron-day) 

 

 

  Ron Day is Contributing Editor at etf.com. He joined the company in October 2022 and has served as Managing Editor, deputy managing editor and…   [View Bio](/contributors/ron-day)

 



 

 


 Related Topics  [Crypto](http://www.etf.com/topics/cryptocurrency) 

 [South Korea](http://www.etf.com/topics/south-korea) 

 [Retail](http://www.etf.com/topics/retail)