Weekend Blog Watch

Editor's note: Every morning, James Altucher presents the most timely, topical posts from the Web's best business blogs. To access some of these stories, registration or a subscription may be required. Please check the individual links for the site's policy.

The pros and cons around the question: Is China a big bubble?

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Amazon (AMZN) lets you download movies. 24/7 Wall St says, "Big deal."

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Ticker Sense digs up where the hedge funds are investing, and the results surprised me.

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Steve Jobs, Man of Mystery.

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Water could be the next Internet, according to Controlled Greed.

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Crossing Wall Street reveals the stats on how good economists are at forecasting.

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Guy Kawasaki wonders "Why Smart People Do Dumb Things" (Like Not Back Up Their Hard Disk).

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ETF Trends takes a look at the nanotechnology ETF.

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The Clinton Group gets active with Finish Line (FINL).

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Great analysis by 10Q Detective of Frisch's Restaurants (FRS).

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Every time I come up with an idea, there's always someone to cut me down. Seth Godin throws out the top 10 ways to defend the status quo.

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Bloggingstocks wonders if Time Warner's (TWX) No. 2, Jeff Bewkes, might not get the call to become the No. 1, but I don't believe it.

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In my opinion, the five funniest videos online:

• 10 Things I Hate About Commandments

• George Bush singing Sunday, Bloody Sunday

• Star Trek Cribs

• Chad Vader, Day Shift Manager

• Superfriends meets Office Space.

At the time of publication, Altucher and/or his fund had no positions in any of the stocks mentioned in this column, although positions may change at any time.

James Altucher is a managing partner at Formula Capital, an alternative asset management firm that runs several quantitative-based hedge funds as well as a fund of hedge funds. He is also the author of Trade Like a Hedge Fund and Trade Like Warren Buffett. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Altucher appreciates your feedback; click here to send him an email.

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