Hottest links for Tuesday August 6th, 2013 (see Monday’s edition of hottest links here). Top stories for today include; Some big names are short Fiat SpA (BIT:F) (OTCMKTS:FIATY), but here is the long case; Warren Buffett was once a buyer of silver, a very sober look at opportunity in gold miners; A fascinating comparison between France nearly 100 years ago and China today; More on the debate about following 13F filings; Obama has big plans for Fannie Mae – Federal National Mortgage Association (OTCBB:FNMA) and Freddie Mac – Federal Home Loan Mortgage Corp (OTCBB:FMCC); The gap between DB and DC plans is narrowing; Value works in emerging markets according to new research; The NSA is not the only agency which has some secrets it is hiding; Looking for a hedge fund job with this dude? That and more below.

Hottest Links

Hottest Links: Stories

Investment Thesis on Exor SpA (EXO IM) & Fiat (F IM): The Italians Are Coming

Children’s Investment Fund is short Fiat SpA (BIT:F) (OTCMKTS:FIATY) and Jim Chanos also has a short in the Italian company, here is the long case for the stock. [Market Folly]

Investing in Undervalued Themes-Gold Miners Thesis Part 1

Even Warren Buffett once invested in silver, despite his views of precious metals. An investment process for value investors looking at some gold miners, after the big sell off. [John Huber, Base Hit Investing]

Is China the New France?

A look at France in the 1920s shows many similarities between the country then and modern day China. A fascinating analysis on the subject, check it out here. [Marianne Brunet, Advisor Perspectives]

Marshall Wace Bets Against Japanese Manufacturers

Marshall Wace is one of Europe’s biggest hedge funds. The hedge fund has a massive European short portfolio, and is also betting against many large Japanese manufacturers. [ValueWalk]

Proving Investment Selection Processes

Michael Lipper explains his investment process, and how he finds winners and avoids losers and how he assembles his portfolio positions. Check it out [A. Michael Lipper, CFA Institute]

QE: The Definition of Insanity

In case you forgot here is your reminder. The first anniversary of the Fed’sQE3. A critical look at Fed policy from the viewpoint of a Keynesian follower.   [Walter Kurtz, Prag Cap]

Fueling The Debate Over Pension Plans

The debate over the relative merits of defined benefit versus defined contribution retirement plans rages on. [Robert Stowe, Institutional Investor]

20 Insights From The Book ‘Bull’ By Maggie Mahar

According to Maggie Mahar’s book called ‘Bull‘, financial markets are cyclical. Given enough time, every trend ends. [Ivan Hoff, Stocktwits50]

Following Gurus

Global X Funds (NYSEARCA:GURU) tracks 13F filings of some of the best hedge fund investors. Two different takes on the fund itself and whether you should pay attention at all to 13F filings. [Tom Brakke, RP PIX] Also see, the fund tracks the 13-F filings from hedge fund “gurus” and allocates assets accordingly. [Cullen Roche, Prag Cap]

Swedroe: Beware High-Volatility Stocks

Everyone ‘knows’ that size, value and momentum premiums exist in the US and many ‘Western countries’, a few decades of research show the same for emerging markets. [Larry Swedroe, Index universe]

Your Most Important Investing Advantage

The big guys have all the advantages over you right? Here is one huge advantage which beats them all, that the individual investor alone possesses. [Roger Nusbaum, Random Roger]

Obama to Seek Limited U.S. Mortgage Role

Obama has big plans for Fannie Mae – Federal National Mortgage Association (OTCBB:FNMA) and Freddie Mac – Federal Home Loan Mortgage Corp (OTCBB:FMCC), and it appears that they would be shut down if the plan passes. However, the GSEs have many powerful political allies. [Wall Street Journal]

Unfortunately Not the Onion

U.S. directs agents to cover up program used to investigate Americans

Thought the NSA was bad? Turns out the DEA is using some similar tactics with drugs and it has nothing to do with national security. A look at some startling new facts for anyone who is scared of this country ending up as a police state. [John Shiffman and Kristina Cooke, Reuters]

Not the Onion

Banker Bro Now Hiring Frat Dudes With Hot ‘Slampieces’

This is an email from a person to his fraternity listserv. We’re gonna jump right into it. This kid is starting a hedge fund and is looking to hire some help, looking for a job (or a good laugh) then check out the email he sent with the job requirements. [Anna Breslaw, Jezebel]