Microsoft (MSFT) walks away from a Yahoo! (YHOO) deal. The fallout. (WSJ.com also DealBook, Silicon Alley Insider, GigaOm.com, Truth on the Market, Infectious Greed)

The next head of Berkshire Hathaway (BRK.A) is… (Barrons.com)

Warren Buffett – just buy index funds. (IndexUniverse.com)

Citigroup (C) “bought a loser” when it purchased Old Lane Partners. (DealBook)

Research into how ‘highfliers’ react around earnings announcements. (NYTimes.com)

Target-date funds are taking over the defined contribution market. (Barrons.com)

What to do when your investment manager hits a cold streak.  (NYTimes.com)

Plan. Trade. Reassess plan. Trade: It’s a rhythm that combines the best of achievement motivation and aggression with the best of judgment and forethought.” (TraderFeed)

The credit crisis is not over, not by a long shot. (Calculated Risk)

What the heck is going in Japan these days? (IndexUniverse.com)

Thinking about what can go wrong with risk models. (FT.com)

The use of ARCH in macroeconomic research. (Econbrowser)

Seasonal adjustments can have a big affect on economic statistics. (Big Picture)

Economists are a different breed. (Economist’s View)

A solution to the global food crisis. (Marginal Revolution)

Saluting Generation X, seriously. (Newsweek.com)

A passing of the torch. (DealBreaker.com)

Applying sabremetric techniques to basketball. (NYTimes.com)

All is not well in the horse racing industry. (naked capitalism)

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