Worst year for Berkshire Hathaway (BRK-A) ever.  (WSJ.com, FT.com, 2008 Shareholder Letter)

Some of our favorite reactions to the Buffett letter.  (Infectious Greed, Jeff MatthewsReal Time Economics, 24/7 Wall St., Market Movers, Crossing Wall Street, Alea, Aleph Blog)

Is the dividend cut at General Electric (GE) a harbinger of more to come?  (WSJ.com, 24/7 Wall St.)

The Citigroup (C) math does not add up.  (Baseline Scenario, Market Movers also Zero Hedge)

Value stocks have not been a hiding place in this bear market.  (WSJ.com)

Are REIT yields worth the risk?  (NYTimes.com)

Leveraged ETFs are for day traders. You can’t manage long-term risk with a short-term tool — especially not with one that can blow up in your face.”  (WSJ.com)

The state of market sentiment measures.  (Trader’s Narrative, The Technical Take)

How low can stock prices go, and how worried should you be?”  (Econbrowser)

The solution to the problem of too much debt is not more debt.  (Infectious Greed)

You cannot fix the financial system if capital remains locked up in zombie banks.  (Interfluidity)

A bailout of A.I.G. is really a bailout of its trading partners — which essentially constitutes the entire Western banking system.”  (NYTimes.com)

The economic downturn will end, “when you stop asking.”  (NYTimes.com)

“It is no coincidence that we learn about the scandals after the bubbles burst.”  (Floyd Norris)

“Everyone who likes it [El-Erian’s When Markets Collide]  is wrong. It is in fact unreadable; I only managed to get through about 100 pages and had to put it down. It is a bad book.”  (Ultimi Barbarorum)

Advice on how to go from Wall Street to a start-up.  (Information Arbitrage)

Was the Santelli rant “staged”?  (Big Picture, Clusterstock)

Should TheStreet.com (TSCM) charge more or a lot less (like free) for Cramer?  (Howard Lindzon)

Rumors that Google (GOOG) might buy Twitter.  (The Big Money)

Are you curious what other bloggers are saying about Abnormal Returns? So are we. Feel free to check out a compilation of reviews.

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Please see disclosures here.

Please see the Terms & Conditions page for a full disclaimer.