Quote of the day

Joe Weisenthal, “Political punditry like market analysis is lousy with ex-post facto explanations of events.  (Business Insider)

Chart of the day

Why wheat prices are still at their highs.  (Sober Look)

Markets

Rick Ferri, “Active managers always have excuses…You’re better off capturing the risk and return with low costs.”  (WSJ)

The risks facing corporate bond investors.  (Economist)

High yield bond issuance is going to hit a record in 2012.  (Sober Look)

As always keep an eye on initial unemployment claims data.  (Money Game)

Strategy

How can investors earn an rebalancing bonus?  (Jason Zweig)

The flaw inherent in so many emerging market equity funds.  (WSJ)

Gold is not an investment.  (Pragmatic Capitalism)

Why you need to accept new data “as information, not a threat.”  (Derek Hernquist)

Companies

Making the case that Berkshire Hathaway ($BRKB) shares are cheap in here.  (Barron’s)

Martha Stewart Living ($MSO): another reason to be wary of companies named after a person.  (NYTimes)

Putting the question as to whether Apple ($AAPL) is doomed into some perspective.  (Daring Fireball)

Apple and HTC settle their patent litigation.  (The Verge)

Finance

You don’t have to move to New York City to start a hedge fund.  (HedgeWorld)

Boston Red Sox owner John Henry is getting out of the money management game.  (WSJ)

Greece needs another debt deal.  (Economist)

Economy

A look at the surge in consumer sentiment.  (Tim Duy)

October rail data shows slowing activity.  (Global Economic Intersection)

Earlier on Abnormal Returns

What you missed in our Saturday long form linkfest.  (Abnormal Returns)

Top clicks this week on the site.  (Abnormal Returns)

Data analytics

You cannot ask for better timing for the release (and review of) Nate Silver’s The Signal and the Noise: Why So Many Predictions Fail but Some Don’t.  (NYTimes)

Big data analytics is going drag-and-drop.  (Businessweek)

Expect more attempts to bring data analysis into the mainstream.  (Wired)

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