“What Wall Street is about is smart guys thinking about ways to make money from dumb ones.” (NYTimes.com)

Cramer’s business news predictions for the New Year. (NYMag.com)

Eight fund industry predictions, including ETF market fallout, for 2008. (Marketwatch.com)

Kass’ twenty ‘probable improbables‘ for the New Year. (Big Picture)

More thoughts on what might happen to the ETF world in 2008. (Marketwatch.com)

Big hedge funds will get bigger in 2008. (breakingviews/WSJ.com)

A great deal of chatter about the Japanese equity market as a contrarian play in 2008. (WSJ.com)

Avoid bottom-fishing in 2008. (Howard Lindzon)

“When is it time to start buying financial stocks again? I haven’t a clue.” (The Stalwart)

On the challenges (and benefits) of combining different trading strategies. (Bill Rempel)

Research into equity analyst ‘double’ upgrades and downgrades. (CXO Advisory Group)

Are we headed into a Japanese-style real estate-led recession? (Calculated Risk)

How much of a recession is already priced into the stock market? (A Dash of Insight)

“(W)what happens to the VC world if the credit crunch continues to well, crunch, and appetite for risk abates”? (The Stalwart)

Get ready for a railroad renaissance in the U.S. (Economic Principals)

The story of one of the 20th century’s great financial swindlers, Ivar Kreuger. (Economist.com)

Thanks for checking in with Abnormal Returns. Here is wishing all of our readers a Happy and Healthy New Year!

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