This is an early (and less complete) version of the linkfest. We will back at it tomorrow.

Quote of the day

Jeff Miller, “You cannot make valid inferences from one prior case.”  (A Dash of Insight)

Chart of the day

Why are investors so darn calm?  (Businessweek)

Markets

Anatomy of a false breakdown.  (The Reformed Broker)

Something has changed in the gold and silver markets.  (Behavioral Macro)

Why insider selling this time of year is no big deal.  (Humble Student of the Markets)

A look at 2013 dividends.  (Political Calculations)

Hedge funds

What stocks drove Tiger Cub performance in 2012.  (II Alpha)

Dan Loeb won big on a bet that Greece would say in the Eurozone.  (FT)

The VIX

The resurrection of the VelocityShares Daily 2x VIX Short-Term ETNs ($TVIX).  (VIX and More)

An extended look at $XIV vs. $ZIV.  (MarketSci Blog)

Corporate bonds

US corporate credit looks extraordinarily expensive.  (Sober Look)

Putting some numbers on bond interest rate risk.  (FT Alphaville)

Strategy

The road to mastery for traders.  (Adam Grimes)

How do you avoid concentrated portfolio disasters?  (Above the Market)

Companies

Television is the next industry to get destroyed by technology.  (SumZero)

Does Apple ($AAPL) have another iPhone in them?  (SAI)

Finance

High frequency trader Getco to buy Knight Capital ($KCG).  (WSJ, Bloomberg, IndexUniverse)

UBS is next up to pay Libor fines.  (MarketBeat, Dealbook, Felix Salmon, FT)

GM ($GM) is buying back shares from the US Treasury.  (Bloomberg)

Nine lessons from this year’s IPO market.  (Wired)

ETFs

ETF indices matter more for institutions than individuals.  (FT)

Hey look, more dividend ETFs…  (IndexUniverse)

Economy

2012 was a good year for “The Corporation.”  (Quartz)

Some not so-good news from the economy in 2012.  (Bonddad Blog)

Some skepticism about shale oil.  (Econbrowser)

Mixed media

Affiliate links are the new display ads.  (Pando Daily)

A winner in the battle of edible bears.  (The Telegraph)

Shocker: antibiotics ‘ineffective for coughs.’  (BBC)

Thanks for checking in with Abnormal Returns. You can follow us on StockTwits and Twitter.