Barry Ritholtz at the Big Picture highlights the big divergence between crude oil and natural gas prices.

Is OPEC still relevant? (via Econbrowser)

Jim Jubak at MSN Money thinks the “oil squeeze” is just beginning.

Aaron Task at TheStreet.com on “why stocks aren’t fretting over rising oil.”

How often do you see a bidder’s stock price rise on the announcement of a takeover? (via Deal Journal)

Henny Sender at WSJ.com on how one private equity firm is dealing with the “pressure to invest” a megafund.

Apollo Managment is cashing in while remaining semi-private. (via WSJ.com)

A look a ‘baker’s dozen of favorite market indicators’ from Billy Luby at VIX and More.

All About Alpha on yet another (unnecessary and unenforceable) investment product patent.

Roger Ehrenberg at Information Arbitrage on the differences between long/short equity and 130/30 funds.

David Merkel at the Aleph Blog is “…dubious of the concept of double alpha.”

Is fundamental analysis useless? (via Market Movers)

The Epicurean Dealmaker on the “slow-motion train wreck” that is the subprime mortgage meltdown.

Abnormal Returns on knock-on effects from the subprime mortgage mess and why “It’s always something.”

Tim Middleton at MSN Money on the first year performance of the WisdomTree DEFA Fund (DWM).

We agree with Adam Warner on paper trading.

Free exchange explains the true purpose of a stock exchange.

Gary Becker and Richard Posner on rent-seeking in the world of hedge funds.

A brief history of Chinese industrial policy by Brad DeLong. (via Market Movers)

John Carney at DealBreaker.com on Erin Burnett, the rising star at CNBC.

Roger Ehrenberg at Information Arbitrage on CEO blogging and the likely fate of John Mackey, CEO of Whole Foods.

Greg Newton at NakedShorts breaks down the “cynical assault on The Robin Hood Foundation, the hedge fund industry’s leading charity…”

Free exchange on the “fungibility” of charitable donations.

Speaking of charity, did you know Abnormal Returns has a tip jar? Thanks for visiting.