Fewer hedge fund launches, but with higher assets under management.  (WSJ.com)

“Hedge funds are on a hiring binge…”  (DealBook)

Hedge fund of fund tax accounting just got trickier.  (NakedShorts)

“Rumor-mongering, of course, has long been the stock in trade of some on Wall Street.”  (NYTimes.com also Market Movers)

What say the Yale Confidence Indexes.  (Bespoke Investment Group)

Confusing stuff and stocks.  (Crossing Wall Street)

The man who lost $6 billion.  Brian Hunter speaks.  (Fortune.com)

The challenges of naive diversification.  (Abnormal Returns also World Beta)

“Always maintain a diversified portfolio.”  (Random Roger)

“Diversification isn’t everything, but it’s a lot. And sometimes, it’s everything.”  (Capital Spectator)

“High achievers (in life and in the market) frequently step outside their comfort zone.”  (Kirk Report)

“The same economic forces driving the market down are what also drive the challenger [Obama] up.”  (Big Picture)

A tale of two CEOs.  (Deal Journal)

“Periods of market turmoil and pessimism are often the best times for clear-headed investors to find good long-term investments at bargain prices.”  (Morningstar.com)

“It’s tough to hike rates (or refuse to cut them) when the economy is struggling.”  (Free exchange)

“The United States is the Saudi Arabia of wind power.”  (The Pickens Plan)

Corporate boards are “running scared” from activist investors.  (WSJ.com)

The science of baseball bats and the safety issue with maple bats.  (Science Friday)

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