What I'm reading this morning:
Stuff I’m Reading this Morning…
December ADP jobs report explodes. (BusinessInsider)
Cullen Roche on the biggest myths in economics. (PragCap)
2013 proves the superiority of the ETF structure over any other fund format. (Morningstar)
…but don’t assume all ETFs are indexes, for 2014 will see an explosion in active products. (Indexology)
This is why people fucking hate Wall Street: JP Morgan Pulled $275 Million Of Its Own Money From Madoff Feeder Funds Months Before His Arrest (BusinessInsider)
Goldman starts off the year right, with a Muppet Crucifixion in a busted “Top Trade for 2014” (ZeroHedge)
Larry Robbins (Glenview) crushed it last year with an 80% + gain on healthcare bets. (Bloomberg)
John Hempton on perhaps the first publicly-traded religious entity. (BronteCapital)
The bull case for XLF. (ETFTrends)
Ford CEO Alan Mulally: Microsoft can kiss my ass (I’m paraphrasing here). (DetroitFreePress)
The “low-vol” bubble is about to burst. Who could’ve seen that coming. (FocusOnFunds)
Can Valeant really become a top five pharma company in the next few years? (Morningstar)
The awesome story about how GEICO made Buffett a fortune. (ValueWalk)
The book on Fox News despot Roger Ailes sounds like it’ll be a doozy. (BusinessInsider)
I’m flattered to appear on Noah Smith’s “Heroes of Blogging” list. (Noahpinion)
