Look out Microsoft (MSFT), Google (GOOG) is getting into the browser business.  (NYTimes.com, WSJ.com, GigaOm.com, Digital Daily, Tech Observer, Silicon Alley Insider, A VC)

Should Fannie Mae (FNM) and Freddie Mac (FRE) merge?  Um, no.  (NYTimes.com also Big Picture, Calculated Risk)

Some notable hedge funds are down, and withdrawals are likely to follow.  (WSJ.com also FT Alphaville)

No wonder so many prominent hedge fund managers are hanging it up.  (DealBook)

The value of “financial slack.”  (Aleph Blog)

What is the value of transparency for money managers?  (Howard Lindzon)

Is EAFE obsolete?  (IndexUniverse.com)

“Alpha’s hard to sustain as a general proposition.”  (Capital Spectator)

The long oil trade continues to unwind in the face of a less destructive Hurricane Gustav. (Market Movers)

Don’t expect copycats to earn the returns of the leaders.  (FT Alphaville)

Should small foundation managers try to emulate the moves of hedge fund managers?  (Market Movers)

Research shows it is worth paying attention to “stylishness” when using a momentum investing style.  (CXO Advisory Group)

“One of the arguments in favor of mechanical systems is that they eliminate emotions from trading decisions.. however, it takes a fair degree of emotional resilience to stick with system rules.”  (TraderFeed)

Times are tough in investment banking, especially for those who choose to blog.  (Epicurean Dealmaker)

By two measures, inflation fears are subsiding.  (Bespoke Investment Group)

A Q&A session with value investor John Dorfman.  (Kirk Report)

The relationship between UFO and Bigfoot sightings.  (Freakonomics)

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