This is a late edition of the daily linkfest. Hope you have a nice holiday.

Quote of the day

Jean-Marie Eveillard, “Most people aren’t cut out for value investing, because human nature shrinks from pain..” (WSJ)

Chart of the day


Past as prologue?  (World Beta)


Why a pullback would be a positive development.  (Dynamic Hedge)

Investors are now fleeing junk bond funds.  (FT)

China is overbought, gold oversold.  (Global Macro Monitor)


Bernard Baruch’s 10 rules of investing.  (The Reformed Broker)

On the role of TIPs in a “permanent portfolio.”  (Total Return)

Short-sellers make money because they anticipate future poor fundamentals.  (SSRN via @quantivity)

The capital gains tax picture is decidedly more complex these days.  (WSJ)


Why Warren Buffett got hitched to Heinz ($HNZ).  (Dealbook)

Things can only get tougher for business development companies (BDCs).  (Sober Look)

The tech industry badly wants to get into virtual gambling.  (NYTimes)


Regulators are sniffing around dark pools.  (WSJ)

The very different tale of two publicly traded money managers.  (InvestmentNews)


A look back at the economic week that was.  (Bonddad Blog, Calculated Risk)

The economic schedule for the coming week.  (Calculated Risk)

Earlier on Abnormal Returns

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

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

Mixed media

How to time your Apple hardware purchase.  (GigaOM)

The changing value of Twitter for investors.  (Interloper)

What does the Maker’s Mark decision tell us about the power of social media?  (Quartz, Wonkblog)

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

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.