Jeff Miller, “I have never seen a great investment where the first information came through advertising.” (A Dash of Insight)

Andrew Smithers, “We see no reason for investors to hold bonds.” (FT Alphaville)

A simple sector ETF momentum approach seems to work.  (CXO Advisory Group)

Why ETFs are attractive to traders.  (VIX and More)

Testing the theory of distribution days.  (Sentiment’s Edge)

Byron Wien’s ten surprises for 2010.  (Credit Writedowns)

Ten predictions for 2010 from James Altucher.  (Financial Adviser)

Just who are the big flippers of new issues these days?  (Minyanville)

There is a new (middle) tier of prime brokers.  (FINalternatives)

An in-depth profile of high-frequency trading.  (Technology Review)

A Warren Buffet-wannabe at work.  Steak ‘n Shake (SNS) launches a bid for an insurance company.  (IBJ)

Is some bad winter weather just what natural gas bulls ordered?  (IndexUniverse, FT Alphaville also Bespoke)

Why aren’t there more pure quant funds?  In a word, overconfidence.  (Greenbackd)

Brett Steenbarger, “(T)traders should consider taking breaks from trading when they’re making money–not just when they’re losing.”  (TraderFeed)

Cramer doesn’t do it but you should.  “For investors, be sure to review an investment and ascertain what comprises its yield”  (Disciplined Approach to Investing)

2010 will be the year of geopolitical and sovereign risk.  (The Business Insider)

Banks have paid other banks massive fees to raise equity capital to repay the Treasury.  (NYTimes)

A lack of data did not cause the housing/financial crisis.  (Atlantic Business)

Investing based on economic estimates is fraught with risk.  Today’s example: the downward revision in 3Q GDP.  (Kid Dynamite, Fund My Mutual Fund, Atlantic Business, Curious Capitalist)

Despite existing home sales figures prices will likely begin falling again.  (Calculated Risk also The Money Game)

What should we make of recent weakness in the Baltic Dry Index?  (The Pragmatic Capitalist)

Don’t be surprised if the rise in temporary employment stalls.  (Calculated Risk)

Is there still a role for private equity in today’s capital markets?  (Zero Hedge)

A financial crisis book reading list.  (USA Today)

Some sage advice from Lou Mannheim.  (DJ Market Talk)

Paul Kedrosky on the coming tech IPO boom. “It may start with Twitter, or Facebook, or Zynga (or even Yelp), but an IPO wave is coming and all it requires is a Netscape moment.”  (Infectious Greed)

50 winners and losers in the world of technology.  (GigaOM)

Is Apple (AAPL) going to be able to push the idea of ‘Internet TV’ forward?  (The Atlantic Wire)

How to learn from failure.  (Wired)

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