Strategy

• 2015 has been a tough year for contrarians. (awealthofcommonsense.com)
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• Kyle Bass on the opportunity in energy. (bloomberg.com)
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• 5 tips for new stock market investors. (medium.com)
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Offers

• Sign up for a free 30-day trial to Amazon Prime and get streaming video and audio to boot. (amazon.com)
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• MODERN TRADER Magazine—the essential journal for professional traders and active investors. Get one of five investment classics, like "The Little Book of Market Wizards" with this special subscription offer! (moderntrader.com)
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• Sign up for a trial of Audible.com and get two free e-books in the process including "Superforecasting: The Art and Science of Prediction." (amzn.to)
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Companies

• Yahoo ($YHOO) should go private to maximize its opportunities. (businessinsider.com)
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• Bill Miller bet big on Twitter ($TWTR) in 2015. (ibankcoin.com)
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Finance

• Some details on the JP Morgan ($JPM)-OnDeck ($ONDK) lending partnership. (wsj.com)
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Funds

• ETF fees are likely to continue falling in 2016. (etf.com)
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• Alternative asset funds are becoming a harder sell. (wsj.com)
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• Bespoke ETFs are still a thing. (blogs.barrons.com)
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Economy

• The Chicago Business Barometer was a bit of disaster for December. (calculatedriskblog.com)
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• Weekly initial unemployment claims continue well below 300k. (calculatedriskblog.com)
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Earlier on Abnormal Returns

• Longform links: base rates. (abnormalreturns.com)
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• A new Essential Listening is up with discussions about luck & skill, the mortgage crisis and better cooking through science. (blogs.cfainstitute.org)
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• I contributed to Josh's annual "In 2015 I learned that..." post. (thereformedbroker.com)
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• What you may have missed in our Wednesday linkfest. (abnormalreturns.com)
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• I recently spoke with Pete the Planner about the ETF space. (blog.petetheplanner.com)
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Mixed media

• In 2015 I learned that... (thereformedbroker.com)
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• What one mistake job candidates frequently make in an interview. (forbes.com)
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• The single most important trait of leaders. (quora.com)
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• Haters gonna hate. (99u.com)
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