Hot Links: Alpha and Noise

Stuff I’m Reading this Morning…

Lil Weezy: QE is so out.  (BusinessInsider)

Tesla got smoked for 15% of its market cap yesterday – will it bounce?  (TheTell)

David Merkel on distinguishing alpha from noise: “If you are beating the market, and it is not for reasons that you specified in advance, you do not have skill, you have luck”  (AlephBlog)

Peter Eavis: Meanwhile, the bond market is functioning just fine, thank you very much.  (DealBook)

FYI – I think the problem of Chinese shadow bankers will soon blow over. Because they’re executing them.  (Bloomberg)

Don’t be alarmed, but there’s a giant vacuum cleaner at the edge of space sucking up all the stars. (Neatorama)

Look out, Jim Chanos!  (BusinessInsider)

Hot girls with guns. Because. (TheChive)

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

REMINDER: Backstage Wall Street is now on Kindle!

Read this next.