Hot Links: The Reign of Morons
Posted October 3, 2013 by Joshua M Brown
What I'm reading this morning:
Stuff I’m Reading this Morning…
This time I think Wall Street should be concerned.” – Barry O to Maria Bartiromo yesterday. (CNBC )
A statistical dive into October seasonality for traders and investors. (Paststat )
GS: Large cap mutual fund managers are up 20% this year while hedge fund managers are up 3.5%. (BusinessInsider )
Is Mary Jo White considering ripping self-regulated status away from the exchanges? (WSJ )
Some choice nuggets from the just-released Bill Ackman dear investor letter. (FTAlphaville )
You can basically come up with an estimate for dividends and calculate where the S&P 500 will trade in the future. (CrossingWallStreet )
The Reign of Morons is here. (Esquire )
36% of workers don’t expect to retire until past 65 these days…and retirement could mean twenty years or more. Are they investing properly? (BlackRock )
Krugman: CEOs may mean well, but they’re really not helpful in the budget battle. (NYT )
Dan Loeb’s “Dear Sotheby’s Management…” (SEC.gov )
re: Carl Icahn’s plan for Apple, this may not be the best thing for a technology company trying to maintain its edge. (Slate )
“among the ultra-affluent investors, who are worth $5 million to $25 million, 47% own ETFs due to the investment vehicle’s low fees” ( ETFTrends )
Time to bring out the Reverse September Barometer? (StockTradersAlmanac )
The Feds busted the mastermind of Silk Road, an online drug-and-gun e-commerce site fueled by billions of dollars in bitcoin transactions. (Verge )
Cave discovered in China that’s so huge it has its own weather system. When do the highrise condos go up? (DailyMail )
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