Today’s linkfest includes some links to some big stories that hit this morning. We will get back to it tomorrow. In the meantime check out linkfests from Barry Ritholtz, Matt Levine and FT Alphaville.

The last superstar fund manager Bill Gross is leaving Pimco for Janus ($JNS).  (WSJ, Business Insider, Quartz)

A Fed employee taped discussions between the Fed and Goldman Sachs ($GS).  (Michael Lewis, This American Life)

A profile of Japan’s biggest and most mysterious day trader.  (Bloomberg)

The problem with technical analysis.  (Larry Swedroe)

Big companies are buying back stock because they don’t know what else to do with it.  (Michael Santoli)

Felix Salmon review Martin Wolf’s The Shifts and Shocks: What We’ve Learned and Still Have to Learn from the Financial Crisis.  (NYTimes)

Marc Andreessen warns on high burn rates at today’s batch of startups.  (Pando Daily)

Podcast Friday features a talk with Cliff Asness and John Bogle.  (Abnormal Returns)

What you might have missed in our  Thursday linkfest.  (Abnormal Returns)

Just how profitable is podcasting?  (Fast Company via @mediaredef)

You can support Abnormal Returns by visiting Amazon or follow us on StockTwits, Yahoo Finance and Twitter.