‘Tis the season. David Pogue at Yahoo Tech recommends the Jambox Mini for wireless sound on the go.


Quote of the day

Justin Fox, “Nowadays financial markets often drive the economy, and while this would seem to give the Fed more power, the amount of effort and attention now put into forecasting monetary policy and assessing its impact mean that exercising that power is far more complicated than it used to be.”  (HBR)

Chart of the day


The $VIX may be low but SKEW is high.  (Andrew Thrasher)


The biggest mistakes investors need to avoid.  (A Wealth of Common Sense)

Why a focus on “income” leads investors astray.  (Morningstar)

Barry’s predictions for the markets in 2014 are spot on.  (Bloomberg)

On the return of political risk to the emerging markets.  (FT)


Ten weird things about the Herbalife ($HLF) saga.  (FT Alphaville)

The case for Walt Disney ($DIS) to be the company of the year.  (Michael Santoli)

How SnapChat plans to become a (big) business.  (Fortune)

The worst CEO of 2013 is…..?  (Herb Greenberg)


Facebook ($FB) is really good at selling stock.  (Felix Salmon also SL Advisors)

Why strategy opacity matters when a firm undeperforms.  (WSJ)

The case for single-family home REITs.  (Peridot Capitalist)


The year in closed-end fund IPOs.  (Morningstar)

Six more dumb mutual fund moves.  (Chuck Jaffe)


Q3 GDP was up at a 4.1% annualized rate.  (Calculated Risk)

The economy is “chugging along” in spite of the pessimists.  (ValuePlays)

A sign that household deleveraging is over.  (Business Insider)

Rail traffic is heading higher.  (Pragmatic Capitalism)

How to measure America’s huge corporate profits.  (Real Time Economics)

Earlier on Abnormal Returns

What you may have missed in our Thursday linkfest.  (Abnormal Returns)

Mixed media

Reviews of The Wolf of Wall Street are rolling in.  (The Wrap, Metacritic)

The stuff left out of The Wolf of Wall Street: the swindled investors.  (Dealbook)

An interview with Terence Winter who wrote the screenplay for The Wolf of Wall Street.  (WSJ)

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.