Joel Kotkin, “If the U.S. were a stock, it would be trading at historic lows.”  Don’t give up on the U.S. just yet.  (New Geography via The Browser)

“Both sports betting markets and financial markets are efficient ENOUGH that you have to do your own work – and LOTS of it – if you expect to generate alpha.”  (Kid Dynamite)

A long-term look at Dow yields vs. Treasury yields.  (Bespoke)

Money continues to pour into junk bond funds.  (The Money Game)

Relative Strength 101.  (CSS Analytics)

On the need for traders to adapt to high-frequency trading.  (TraderFeed)

Big names are lining up to invest in the Rusal IPO.  (WSJ, Times Online)

How John Paulson could become the richest man in the world.  (The Money Game)

Adam Warner, “Is there a volatility play in GLD itself?”  (Options Zone)

Is the tanker glut telling us oil could fall next year?  (Big Picture)

A new hedge fund is focused on US farmland.  (FINalternatives earlier Abnormal Returns)

As ETFs proliferate it becomes more important to understand what you are buying.  (Fundmastery Blog)

RIP, MacroShares housing ETFs.  (ETF Database, 24/7 Wall St.)

Home prices seem to be flattening out.  (Calculated Risk)

Why are Fannie and Freddie rallying?  (Money & Co.)

What happens to mortgage rates when the Fed stops buying mortgage-backed securities.  (Atlantic Business)

Noted pessimist James Grant is still surprisingly upbeat about the economy’s prospects in 2010.  (NYMag)

On the relationship between dynamism and safety.  (Curious Capitalist, Felix Salmon)

On the damage of inflation and the power of compounding.  (Freakonomics)

Inside the mind of Sam Zell.  (Simoleon Sense)

Estimates of the stock losses from the Tiger Woods scandal are overestimated.  (Felix Salmon)

Fred Wilson, “Someday machines may be smart enough that they don’t need humans to give them cues, but today I believe the state of the art in machine intelligence right now is ‘humans first, machines second’ as Google did it.”  (A VC)

The top 100 tickers on StockTwits in 2009.  (Howard Lindzon)

The five best investment reads of the year.  (World Beta)

In praise of the Happiness Project.  (Marginal Revolution)

Location-based apps are going to huge.  Can Foursquare thrive?  (The Big Money)

Abnormal Returns is a proud member of the StockTwits Network.

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.