Friday's Daily Blog Watch

Mortgage REITs to take off, and the value of a penny.
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Editor's note: Every morning, James Altucher presents the most timely, topical posts from the Web's best business blogs.

If housing's at a bottom, mortgage real estate investment trusts, with their huge dividends,

will take off

.

Compete takes a look at the top 20 Web sites ranked not by traffic, but by

time spent at the site

, and the results are fascinating.

Dah Hui David points to

Warren Buffett's favorite stock in 1951

.

DealBreaker summarizes

Carl Icahn's views on the dollar

and what it could mean for stocks.

RealMoney

contributor (and Stockpickr member) David Merkel shows us where he's finding his

high-quality bond investments

.

Great post by Ticker Sense charting the

historical P/E ratios

of every

Dow

stock.

With oil all over the place, it might be worth looking at coal.

Here's a list of major coal stocks

.

Finding Cents gives its two cents on

the breakup

of

Tyco

(TYC)

.

The "I'm jealous" post of the day:

Searchblog interviews Excite founder Joe Kraus

, who also just sold his latest company, JotSpot, to Google.

Stockerblog notes that a penny right now might have an implicit

400% return if melted down

.

Sham Gad describes in detail a visit Warren Buffett recently made where he describes the

value he's finding in Korea

.

TickerSense looks all the way through the 20th century to find the other times the

S&P 500

has been up

eight months in a row

.

Social network of the day:

Geni is growing like wildfire

.

At the time of publication, Altucher and/or his fund had no positions in any of the stocks mentioned, 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;

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