Many thanks to everyone who has checked out Abnormal Returns for the first time this week.  We hope you found something of interest and that you become regular readers.

Due to the limitations of travel today’s linkfest is significantly abbreviated.  Look for full posts next week.

The New York Times and Wall Street Journal look at proposed legislation that would raise the tax rates on publicly traded private equity firms.

The Epicurean Dealmaker weighs in the private equity tax issue.

Mark Hulbert at on the surprising lack of correlation between presidential approval ratings and stock market returns.

The 130/30 strategy is a hit with pension funds.  (via

All About Alpha on the “arms merchants” to 130/30 funds.

Worth Civils at MarketBeat with more on the subprime mortgage mess.

Michael Panzner at on what a steepening yield curve means for stocks.

How to start a hedge fund.  (via

Brett Steenbarger at TraderFeed on how to “trade like a scientist.”

Thanks again to all our readers.  We hope you have a pleasant weekend.