Hot Links: The Next Shoe to Drop

Stuff I’m Reading this Morning…

BREAKING: European leaders have just rejected the latest Cyprus bailout plans. Only 16 more tries to get it right before there’s real trouble.  (FT)

Is Slovenia the Next Shoe to Drop? I don’t know, but just in case you’d better start panicking now.  (Reuters)

Wait til you see how bullish hedge funds are right now…  (ShortSideofLong)

Ryan Detrick is equally concerned about the lack of bears, check this chart out:  (Schaeffers)

Stockbrokers and private equity firms unite to create possibly the most explosively awful investment vehicles of all time. You motherf***ers are buying them, too.  (Bloomberg)

“The delicious perversity of markets — they incline you to do the wrong thing at the wrong time.”  (AlephBlog)

You (the collective You) are not a good investor. Meb Faber has all the statistics to prove it.  (MebaneFaberResearch)

Unfortunately, “the illusion of certainty” sells, even though it is the opposite of what investors should be looking for in an asset manager.  (ResearchPuzzle)

Howard Lindzon in defense of stock picking (it’s super fun).  (HowardLindzon)

This is some bullshit – a New York State tax break being dangled in front of NBC to bring the unwatchable and slowly-dying Tonight Show over from LA.  (Deadline)

When geniuses go on their anti-government rants, send ’em this explanation about how much private industry has benefited from federal initiatives.  (TheEconomist)

The lululemon recall could cause havoc across the nation – a reminder why the stability of the yoga pants industry is very much in the national interest:  (TheChive)

Don’t miss The Takeaway, my daily linkfest for financial advisors (InvestmentNews)

REMINDER: Backstage Wall Street is now on Kindle!