A quick to note to all of the loyal readers of Abnormal Returns. It just so happened that our WordPress.com counter just clicked over 500,000 page views and our feed subscribers via Feedburner.com now stand in excess of 1,000. Hey, if we don’t toot our own horn who else will? Now on to the linkfest.

If you are wondering whether a “just say no defense” will save Dow Jones (DJ) from the clutches of News Corp. (NWS) then check out our post on the topic.

Maybe this hedge fund thing is harder that it looks. Dillon Read Capital Management and its hedge fund are no more. (via DealBook)

Mebane Faber at World Beta on a roundabout way to invest in some high profile hedge funds.

Is fixed income investment getting left behind in the rush to hedge funds? (via All About Alpha)

Greg Newton at NakedShorts on the battle over who pays for private jet time in the hedge fund world.

The New York Fed examines just what risks hedge funds pose to the global financial system. (via FT Alphaville)

Joanna Ossinger at MarketBeat checks in with a short-seller who thinks those of his ilk should be on the “sidelines” for now.

Sonya Morris at Morningstar.com takes a bottoms up valuation look at rich and cheap ETFs.

Michael Kahn at Barrons.com on the market’s need for a breather at this time.

Barry Ritholtz at the Big Picture on the sustained rise in the Baltic Dry Index to new highs.

James Picerno at the Capital Spectator on the continued surge in liquidity as measured by the surge in M2.

Bespoke Investment Group on the seasonal prospects for oil in the summer months.

Yaser Anwar on signs of a potential top in the energy stocks.

Roger Nusbaum at TheStreet.com analyzes two new ETFs that provide small-cap international equity exposure.

Keith Hahn at DealBreaker.com takes a look at a ranking of the top private equity firms.

Do private equity firms create or destroy jobs? The answer is both. (via CNNMoney.com)

Subprime mortgage pools are taking a credit ratings hit. (via WSJ.com)

Hal R. Varian in the New York Times on academic evidence showing that, “Trying to outguess the market is a sucker’s game.”

Joe Weisenthal at the Stalwart on Microsft’s (MSFT) inability to “get” the Internet.

Katie Fehrenbacher at GigaOm on the move by Apple (AAPL) to become a little more “green.”

Stephen J. Dubner at the Freakonomics Blog has some background on blog luminary James Altucher.

Knowing whether poker is a game of skill or luck is a matter of debate and actual economic import. (via WSJ.com)

Eileen Soltes at Portfolio.com looks at how one neophyte horse owner is shaking up the thoroughbred industry.

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