Hot Links: Justify!

Stuff I’m Reading this Morning…

…and then everyone busted out a PE ratio chart to justify staying long.  (AbnormalReturns)

Gene Munster dials down his iPhone 5 sales forecast to 8 million from 10.  (BarronsTechTrader)

Took the kids down to Occupy Wall Street yesterday for face painting and balloon animals.  (Bloomberg)

So-called “fundamental data” supplied by public companies – while it’s all we’ve got sometimes – is full of lies, exaggerations and half-truths.  (ZikomoLetter)

Does private equity really “control everything”?  (DealBook)

Ezra Klein on the latest Romney campaign faux pas.  (Wonkblog)

Sorry, but taking more risk does not mean more potential return – Eddy on the new Falkenbook.  (CrossingWallStreet)

Cam Hui enters the stocks versus demographics debate.  (HumbleStudent)

Tom Brakke: Still unanswered – why pay for active management minus, well, activity?  (ResearchPuzzle)

Izzy on why crude oil flash-crashed in the middle of the afternoon yesterday.  (FTAlphaville)

Megabear Bob Janjuah is not impressed with QE Infinity.  (AlsoSprachAnalyst)

Heidi’s take on the coming fiscal cliff political shitstorm.  (Guardian)

Look, we can all agree that Paul Ryan is a yummy man, but 6% body fat? Blogger please.  (Slate)

So you think you have what it takes to become a Navy SEAL? You don’t.  (TheChive)

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

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