
What I'm reading this morning:
- "Be skeptical of anyone who forecasts either an epic boom after prices have risen or an even more catastrophic collapse after they have fallen hard." - Jason Zweig (MoneyBeat)
- Andy's weekly technical review is a great place to start (AThrasher)
- Amid the Friday oil rout, they took a f***ing blowtorch to the gold miners too. (Barron's)
- How a Druckenmiller protege made the call of the year on oil this spring (First Adopter)
- Deutsche: Energy sector accounts for a third of all CapEx, now at risk (Zero Hedge)
- The Death of OPEC? (Dave Nelson)
- Is oil about to cause a global financial crisis? (Bloomberg)
- The Russian Ruble is partying like it's 1998 (Financial Times)
- Consumer stocks ripping - sometimes common sense actually does work (Irrelevant Investor)
- Black Friday was a big bust. Does it matter? (TRB)
- Turns out Black Friday sales don't even predict the holiday shopping season, let alone the economy. (Vox)
- Amazon's robot-employees are basically running its warehouse fulfillment center (Wired)
- Sony had its entire IT system crashed by North Korean hackers, hired FireEye to come in and clean up (Business Insider)
- Finance 3.0 will be about marrying technology to behavioral finance (A Wealth Of Common Sense)
- A message to young investors (Kris Venne)
- How the world's largest sovereign wealth fund gets the most from their active managers (CIO)
- Krugman is self-aware: " successful economists tend to be intellectually arrogant because they live in a social setup that is very hierarchical" (New York Times)
- Don Henley's a dick. (Stereogum)
- Chris Rock speaks out on Cosby, Ferguson (Vulture)