Wednesday 7atSeven: ugly bond math

Here are seven (or so) links at 7AM Eastern.  We will see you later with the daily linkfest.  Good luck out there.

Chart of the morning

UglyBondMath Wednesday 7atSeven:  ugly bond math

The hard truths of ugly bond math.  (EconomPic Data)

Effort does not equal results when it comes to investment research.  (A Dash of Insight)

Hedge fund activists’ weapon of choice:  the letter to management.  (FT Alphaville)

Fade managers who think the rules (of physics) don’t apply to them.  (Bronte Capital)

Apple ($AAPL) is in full parabolic repricing mode.”  (Global Macro Monitor also SplatF)

Amazon ($AMZN) Prime has fewer subscribers than commonly thought.  (Bloomberg)

Why Greece matters: it highlights the currency union’s many weaknesses… (FT, ibid)

The Libor manipulation case is accelerating.  (Bloomberg, WSJ)

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