CXO Advisory Group and FT Alphaville both review some research on a future for hedge funds filled with lower returns, greater institutionalization and more regulation.

In light of the Fortress Investment (FIG) offering, Eleanor Laise in the Wall Street Journal examines the options open to individual investors interested in hedge fund exposure.

All About Alpha recaps an “unsettling look” at the hedge fund industry.

David Leonhardt in the New York Times on the rise of “prediction markets” and what it means for the forthcoming presidential election.

Daniel Gross and Barry Ritholtz are a tad more skeptical of prediction markets.

Doug Kass at TheStreet.com on the risk to earnings from a mean reversion in profit margins.

MarketBeat on the market getting more comfortable with low VIX readings.

Jeff Miller at A Dash of Insight walks us through a historical application of the Fed model.

DealBook on the question of whether initial buyout bids are “artificially low.”

Steven M. Sears at Barrons.com on what next (options?) for the Nasdaq.

breakingviews is skeptical that a $100 billion buyout is happening any time soon.

Roger Nusbaum at TheStreet.com on a “better mousetrap” for investors in gold.

Despised stocks outperform admired stocks. (via CXO Advisory Group)

Controlled Greed passes along nine lessons by a longtime investment columnist.

Yaser Anwar reviews a couple of trading-oriented books.

Mebane Faber at World Beta takes a statistical look at some so-called “lazy portfolios.”

Jonathan Clements in the Wall Street Journal on the benefit, i.e. low expenses, of bond ETFs.

Jeff Matthews has an interesting look at the credit markets’ “race to the bottom.”

Elizabeth Nowicki at Truth on the Market on shareholder voting on executive compensation packages.

Is the age of having a “face for radio” over? (via New York Times)

Price inelasticity and why everything on Valentine’s Day costs so darn much. (via Free exchange)

Thanks for checking in with Abnormal Returns. You can subscribe to all of our posts via e-mail.

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.