10 Friday AM Reads

Is it Friday already? Big green on the screen as yesterday’s intraday reversal from the gap down was the strongest since the October lows — then China cuts rates. And train reads:

• What Is Russell Investments? Lured by the indexing business, the London Stock Exchange got a consultancy and asset manager in the bargain. (Chief Investment Officer)
• Bonds: Anatomy of a market meltdown (FT)
• Dog Ate the Alpha, Other Excuses for Why Your Fund Stinks (Bloomberg)
• If Pimco Were A Country, It Would Be The Most Unequal Place On The Planet (Huffington Post) see also George Soros Just Gave Bill Gross $500 Million To Play With (Business Insider)
• Stupid Things Finance People Say (Fool)

This weekend, we have Bob Shiller on Masters in Business. Be sure to check that out.

Continues here



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