Hot Links: The Yield Reacharound

Stuff I’m Reading this Morning…

Of course all the bond mutual fund managers are reaching for yield – how else can they justify their internal fees in a no-rate environment?  (WSJ)

…but David Merkel explains why reaching for yield is not so simple, there are lots of considerations and a choice between risks.  (AlephBlog)

iPhone 5 franzy sweeps America this morning as the unemployed line up from coast to coast for their new life’s purpose, the Jesusphone.  (MiamiHerald)

Ten Ways to Get People to Change.  (HBR)

That William Cohan profile of Too Big To Fail architect Robert Rubin everyone’s talking about.  (BusinessWeek)

Why Yahoo ($YHOO) is a buy here.  (CapitalObserver)

These ponzis always start the same way, guy with trading losses too embarrassed to fess up to them.  (HedgeWeek)

Ritholtz vs McArdle.  (TBP)

Linette was good enough to transcribe the Ray Dalio Squawk Box appearance from this morning for us.  (BusinessInsider)

Kato Kaelin: Fine, I admit it, OJ did it.  (NYP)

Penny Marshall in the 70’s.  (VanityFair)

On his birthday, a celebration of all things Bill Murray.  (Neatorama)

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