The David Swensen-led Yale University endowment is doing just fine, thank you very much. (WSJ.com)

Hedge funds are on Hollywood’s radar screen. A sell signal? (Slate.com)

Are investors ready to place the 2 & 20 pay structure for hedge funds on the ash heap of history? (WSJ.com)

Rumors that Warren Buffett is interested in purchasing a stake in Bear Stearns (BSC). (NYTimes.com, DealBook, Big Picture & naked capitalism, DealBreaker.com)

Rating agencies should be afraid, very afraid, of Congress. (Market Movers & breakingviews & FT.com)

“Will Home-Price Declines Hit Rich Hardest?” (Real Time Economics)

Emerging markets may not be a bubble, but China and India are another story. (FT Alphaville)

It’s muni time! (Morningstar.com)

Are junk bonds worth a second look? (MarketBeat)

Charts that need no further explanation. (Abnormal Returns)

Barclays ETNs have garnered in excess of $3 billion in assets in less than two years. (IndexUniverse.com)

That didn’t take long…leveraged commodity ETFs are coming to market. (IndexUniverse.com)

What has been working in the global stock markets of late? (TraderFeed)

The VIX is as oversold now as it was overbought a month ago. (Daily Options Report)

CXO Advisory Group on research that uses a five-factor model to explain stock returns.

Additional speculation over why Mohamed El-Erian left Harvard for PIMCO. (FT Alphaville)

Howard Lindzon on competition in the increasingly competitive online financial planning space.

Daniel Gross, “So, I think the stars are aligning for a bubble in alternative energy.” (TCSDaily.com)

“A Short Course in Thinking About Thinking” a “Master Class” By Danny Kahneman (Edge.org via Mind Hacks)

On happiness research and the “..an equitable distribution of unpleasantness…” (Free Exchange)

Thanks for checking in with Abnormal Returns where your questions and comments are always appreciated.