Hot Links: Look Sharpe

Stuff I’m Reading this Morning…

Flash PMIs out around the world. Suck is the word.  (FTAlphaville)

Dan Loeb parts ways with his own non-profit over attacks on Paul Ryan.  (Dealbreaker)

SEC loses its fight against the money market funds on more stability.  (DealBook)

Why don’t we just let the richest man in the country automatically be the president?  (TBP)

PayPal’s aggressive move into retail stores should scare the shit out of entrenched players.  (LAT)

What you need to know about Google’s huge bet fiber optic networks.  (Fortune)

Mebane: No one can maintain a 1.0 sharpe ratio forever, it is statistically impossible.  (WorldBeta)

You know about the fiscal cliff, but have you thought about the fiscal clifflet?  (TheEconomist)

Apple is back to being 20% of the Nasdaq, is a re-weighting imminent?  (ZeroHedge)

Experts weigh in on Warren Buffett’s run from the muni market. Should we be concerned?  (Investment News)

Gambia seems like a nice place to visit this time of year.  (TheAtlantic)

Michael J Fox returning to network television in a comedic role.  (NYT)

Poor Paul Ryan can’t find a single rock star that will approve his use of their music.  (Vulture)

NHL fans for the win.  (TheChive)

Don’t miss my daily linkfest for financial advisors this morning! (WSJFA)