How simply coining the term ‘BRICs’ has “redrawn powerbrokers’ cognitive map.”  (FT via Clusterstock)

Two looks at the scope of the current market rally.  (The Pragmatic Capitalist, Discipline Approach to Investing)

What is a reasonable expectation for net-net-net (of inflation, expenses and taxes) returns?  (WSJ)

Steven Sears, “In a crisis, the first reflex is often panic. Better to devise a plan while markets are calm.”  (Barron’s)

Equity market sentiment at week-end.  (Trader’s Narrative)

Two stocks Bruce Berkowitz of the Fairholme Fund is buying.  (Barron’s)

When an analyst trade analysis for rank speculation.  (Big Picture)

Taking this whole farmland thesis to a whole other level.  (The Money Game, Telegraph via alea_)

Brett Steenbarger, “The lesson to be learned is that risk of ruin jumps astronomically when one’s edge is eroded and when one’s variability of returns expand. ”  (TraderFeed)

File this under the power of compounding.  (Fund My Mutual Fund)

Another example of how Goldman Sachs (GS) always wins.  (Jeff Matthews)

For an investment bank not every counterparty is a client.  (Financial Crookery)

With microscopic money market yields 2010 is going to be a tough year for conservative savers.  (NYTimes)

What will happen when it comes time for the Fed to fight inflation?  (NYTimes also Capital Spectator, Carpe Diem)

Why is this recession so deep?  (EconLog)

Tim Duy, “Incoming data continue to support expectations that the Federal Reserve will hold rates at rock bottom levels for the foreseeable future – likely into 2011.  But interest rates should not be the focus of policy analysts.”  (Economist’s View)

Don’t reach too much into the blip in 4Q GDP.  (Calculated Risk)

Gregor Macdonald, “So, when exactly did the Coal Age end, and the Oil Age begin?”  (Gregor)

On the failure of economics to account for the problems plaguing our economy. (Aleph Blog)

Corporate boards of directors have done a lousy job.  (Big Picture)

On the parallels between the steroid era in baseball and the bubble era in the American economy.  (The Reformed Broker)

Atul Gawande on the use of checklists in finance.  (FT via Simoleon Sense)

John Cassidy interviews Kevin Murphy and Raghuram Rajan.  (Rational Irrationality, ibid)

You cannot have truly free markets without the free flow of information.  (Slate)

The New York Times is apparently planning to start charging for web access.  (Daily Intel)

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.