Hot Links: Obsolete Americans

Stuff I’m Reading this Morning…

“Giving sophisticated models and fast computers to traders is like giving handguns and tequila to teenage boys. Only complete mayhem can result.”  (CafeAmericain)

Investors favoring mega, relative value hedge funds.  $9.5 billion total inflows for Q2.  (MarketFolly)

10 young venture capitalists about to set the world on fire.  (Reuters)

What to watch for out of China and Iran.  (HumbleStudent)

Just how stupid is the avaerage consumer about finance?  (KidDynamite)

On the limitations of opportunity for band buyers.  (AbnormalReturns)

Headline O’ The Day: “Hedge Funds Gamble on Poor in ‘Simpsons’ Farce”.  (Bloomberg)

Are the American People Obsolete? (Salon)  h/t Matt Culler

Yes, Rock n Roll is Dead.  Steven Tyler will be judging on American Idol.  (RollingStone)