Thursday links: event driven volatility


Long-short mutual fund performance has been spotty in 2007. (, Infectious Greed)

British financier Joseph Lewis now owns nearly 10% of Bear Stearns (BSC). (

Volatility is largely event driven.” (All About Alpha)

Some thoughts on volatility and risk.  (VIX and More)

“Pundits without a track record lack accountability.” (A Dash of Insight)

Will sector performance trends continue in 2008? (

Howard’s largest stock positions. (Howard Lindzon)

A graphic version of the ugly Case-Shilller median home price data. (Bespoke Investment Group)

Recent economic data come in not so hot. (Big Picture)

The world needs more farmed fish. (

Movie rentals are coming to Apple’s iTunes store. (Silicon Alley Insider, ibid)

Thanks for checking in with Abnormal Returns where your questions and/or feedback is always appreciated.


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