As a reminder to our new readers, you can always contact us with questions and/or comments.

We could not agree more with breakingviews (via the and their contention that Microsoft (MSFT) should be broken up for its own sake.

We are not sure whether this says more about the glut of ETFs or the efficiency of the SEC, but according to Giya Gullapalli at the Wall Street Journal the SEC is woefully behind in processing new ETF applications.

TraderFeed notes the dearth of stocks trading at 52-week lows is evidence that this is not "the bottom."

Ticker Sense has some statistics that show big days (up or down) happen a bit more often during bear markets.

Mark Hulbert in the New York Times reports on a market timing system that is pointing to "…weakness or worse over the next year."

John Carney at explores the legality of the Mark Cuban-backed plan to trade off of the insights gleaned from the forthcoming

We are skeptical that backward-looking measures can accurately capture the current hedge fund holdings. However Susan Pulliam and Gregory Zuckerman in the Wall Street Journal review some research that shows that these measures are of some value in identifying over-owned stocks.

The problem of pricing illiquid securities is a growing problem for hedge funds. (via

Robert J. Shiller thinks speculation has played a key role in the housing boom. (via

You can add another chapter to the always interesting Victor Niederhoffer story according to Matthew Goldstein at

Jay Walker at the Confused Capitalist highlights some research that indicates dividends do matter.

Barry Ritholtz looks at another challenge to Microsoft – free software.

Jonathan Clements in the Wall Street Journal lays out twelve "undeniable truths" when it comes to personal finance.

We did not know we were Pigovians when discussed the logic of a gasoline tax. (via Mankiw Blog)

Cody Willard in the on the growing challenge to media conglomerates face from free video downloads.

If you want to stay up-to-date with all of our posts then please add our feed to your favorite feed reader.

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Please see disclosures here.

Please see the Terms & Conditions page for a full disclaimer.