Wednesday links: short horizons

Quote of the day

John Kay, “The average length of time for which buyers hold shares today is very short. But the average length of time for which shares have been held by their current owner is much longer.”  (FT)

Chart of the day

 Wednesday links:  short horizons

Wal-Mart ($WMT) is in the midst of the “mother of all trading ranges.”  (Crossing Wall Street)

Markets

The Brent-WTI spread did a round trip in 2011.  (Bespoke)

Stock correlations are easing into year end.  (MarketBeat)

Another fallout from the year of the dividend:  the Dogs of the Dow outperformed.  (Market BlogMarketBeat)

Volatility

Eleven observations on volatile volatility in 2011.  (Adam Warner)

A closer look at the performance of $VQT.  (VIX and More)

Strategy

Streamline your trading in 2012.  (bclund)

Why investing sensibly is so difficult.  (Felix Salmon)

How Larry Swedroe invests client money.  (NYTimes)

Consuelo Mack talks with two financial planners with flat-fee business models. (Wealthtrack)

Are you saving enough?  (Megan McArdle)

Research

What Norway can teach us about investing.  (Total Return)

Do some university endowments earn alpha?  (SSRN via CXOAG)

Some links on forecasting models.  (Capital Spectator)

Apple

Why Apple ($AAPL) should stop its patent war.  (GigaOM, Tech Trader Daily)

The key to any Apple TV strategy:  content.  (SAI)

Sears Holdings

Eddie Lampert’s decision to never hire a serious CEO for Sears Holdings ($SHLD) is coming home to roost.  (Jeff Matthews)

Why Sears did not turn out to be an AutoZone ($AZO).  (Crackerjack Finance)

Does private equity want any part of Sears?  (Term Sheet)

Finance

The bull case for Citigroup ($C).  (Breakingviews)

The Internet IPO pipeline is full for 2012.  (Bloomberg)

How share buyback programs differ between US and UK companies.  (FT)

Global

The French don’t get it.  (Martin Feldstein)

The BRIC decade is over says Goldman Sachs.  (Bloomberg)

China’s stock market looks ready to revisit 2008 lows.  (Global Macro Monitor)

What if the US loses the lead in R&D to China?  (NYTimes)

Economy

Why the economy is better than we think.  (The Daily Beast)

What the return of layaway plans says about the American consumer.  (New Yorker)

The US has some natural advantages that can work the economy’s advantage.  (Econbrowser)

Building a second term on the backs of passenger rail.  (Gregor Macdonald)

Why online poker is likely to be legalized.  (Marketwatch)

Earlier on Abnormal Returns

Triple net returns and the importance of taxes.  (Abnormal Returns)

What you missed in our Wednesday morning linkfest.  (Abnormal Returns)

Mindset

Seven things highly productive people do.  (Farnam Street)

How to create a better to-do list.  (WSJ)

Victims vs. conquerors:  which are you?  (Chicago Sean)

Blogosphere

The year in financial blogging from some one who should know.  (The Reformed Broker)

The best market resources for 2012.  (Stock Sage)

Abnormal Returns is a founding member of the StockTwits Blog Network.

Abnormal Returns is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com. If you click on my Amazon.com links and buy anything, even something other than the product advertised, I earn a small commission, yet you don't pay any extra. Thank you for your support.

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

blog comments powered by Disqus
  • Tadas ViskantaAbnormal Returns has over its seven-year life become a fixture in the financial blogosphere. Over thousands of posts we have striven to bring the best of the financial blogosphere to readers. In that time the idea of a “forecast-free investment blog” remains as useful as it did six years ago. More »

  • StockTwits Follow Abnormal Returns on StockTwits Follow Abnormal Returns on Twitter Follow StockTwits on Facebook Subscribe to Abnormal Returns RSS via Email Subscribe to Abnormal Returns RSS
  • Recent Posts

  • Archives

  • Join StockTwits
  • Get Updates!

    100% Privacy. We don't spam.