What I'm reading this morning:
- Starboard announces 6% stake in Staples! (Wall Street Journal)
- Vitaliy: We live in an I Don't Know world. Construct portfolios accordingly. (Institutional Investor)
- Cliff Asness: Crazy shit can happen in five-year time periods, but longer run asset return assumptions are pretty close (AQR)
- The best time to purchase inflation protection is during that moment when no one thinks it's necessary (Research Affiliates)
- New Merrill comp rules for advisors next year (Reuters)
- Jeff Miller: You don't know anything about oil (Dash Of Insight)
- Charles Sizemore: Are oil stock dividends safe? (Yahoo Finance)
- Mike Batnick: With all due respect to Jack Bogle... (Irrelevant Investor)
- The Characters of Finance Twitter (A Wealth Of Common Sense)
- My new piece for Fortune - clients of advisors being encouraged to load up with debt. Here we go again. (Fortune)
- David Merkel reacts - the trouble with having your cake and eating it too (Aleph Blog)
- 10 People Who Made No Difference in 2014 (The Onion)
