Hot Links: Pythons and Waffles

Stuff I’m Reading this Morning…

David Merkel : “additional cash in the hands of many growth companies is depressing valuation measures, and should be paid out as dividends, or with an eye to the price, buy back stock.”  (AlephBlog)

Yesterday’s gap-down open was extremely rare for a Non Farm Payrolls week.  (DynamicHedge)

Barry’s 2011 mea culpas.  (TBP)

The lululemon short thesis is weak in my opinion and is based on “valuation”.  (FTAlphaville)

The Waffle Paradox, in which people prefer wrongheaded certainty over nuanced indecision.  (SethsBlog)

Pythons are Wiping Out Mammals in the Everglades (wait til you see this pic).  (TheAtlantic)

Brian basically admits he’s a social media crackhead.  (bclund)

How’s that gold bet between Paul Brodsky and Barry going?  (ResearchPuzzle)

Do not miss my daily linkfest for financial advisers this morning.  (WSJFA)