Hot Links: Alpha move, bro.

Stuff I’m Reading this Morning…

Euphoria? I don’t think so – watch as the number of bulls drops as the market goes up!  (Bespoke)

Main Street still doesn’t give a f*** about stocks.  (MoneyBeat)

Why a soaring stock market is wasted on the young.  (Upshot)

Joe Terranova: Investors may be giving up on hedge funds just when they need them most.  (VirtusBlog)

China opens up its A-share market to foreign investors, finally.  (Morningstar)

What the heck happened to Bill Ackman? Linette Lopez investigates!  (BusinessInsider)

Larry Swedroe on the latest SPIVA scorecard. Persistence of performance fails again.  (ETF)

Alpha move, bro: File for divorce while your wife and kids are on vacation.  (ChicagoTribune)’s new editor in chief wants the site to become provocative again. Trader sexts? Herb Greenberg selfies?  (TalkingBizNews)

Don’t blame capitalism for inequality, blame corporatism.  (FT)

The new institutional portfolio is taking shape: a c heap beta + expensive alpha barbell.  (ResearchPuzzle)

San Fran office rents are up 81% in four years. Thanks tech boom!  (ValleyWag)

“You remember that kid in elementary school, the one who would argue during a game of tag: ‘You said you have to tag the person. Well you only touched my clothes. That isn’t a person.’ Remember that kid? That kid is Wall Street.”  (Guardian)

WTF is this about?  (Buzzfeed)

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


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