Hot Links: Owning the Robots

Stuff I’m Reading this Morning…

Facebook blew away Wall Street last night, everyone’s impressed with the company’s momentum.  (BusinessInsider)

Ford beats.  (USAToday)

Caterpillar beats too.  (Reuters)

Why Dan Greenhaus isn’t especially freaked out by the market’s recent run-up.  (MarketWatch)

Seven Truths Investors Simply Cannot Accept  (YahooFinance)

Yahoo is betting on Tumblr for finance.  (TheStreet)

Calpers learns how to do basic math, decides to ratchet down its hedge fund exposure by 40%.  (WSJ)

Getting to know Jump Trading, the most secretive of HFT shops.  (Bloomberg)

Why would we even need jobs when we can just own the robots that took all the jobs.  (BoingBoing)

Tom Petty has a new record coming out, first listen here:  (NPR)


The new book – Clash of the Financial Pundits – now available for pre-order!

 

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