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http://www.businessinsider.com/meredith-whitney-fund-down-selling-space-2014-12

Anybody who dares to make a long-term forecast will look like a buffoon at some point.

http://finance.yahoo.com/news/sex-drugs-public-divorce-normal-140000345.html http://nypost.com/2014/11/26/too-much-makeup-sex-led-to-multimillionaires-restraining-order/

Her name is Yellen Claus.

Stocks repricing higher based on 2 things: 1) Fed was more dovish than expected. 2) China willing to bail out Russia, which was believed to be replaying the 1998 default.

Her new name. Janet will be patient Yellen.

It is a scary position to be short. You know the Fed will step in somewhere down the line and it'll blow up in your face. Having said that, I think there's ample time to get out or reverse if necessary because stocks don't make their full move instantaneously in response to the Fed. It takes...

My thoughts exactly. Initially thinking wtf, but then you look at his recent record from 2002 to 2014 and you see how even this former market wizard's returns reverted to the mean. There is a saying, "You're only as good as your previous trade."

Story of the high school day trader making $72 million fails the smell test http://finance.yahoo.com/news/a-high-school-senior-did-not-make--72-million--jeff-make-164536104.html

He was profiled in Schwager's Stock Market Wizards. His average annual return of 8.59% from 2002 to 2014 beats the market, though nothing to write home about. In the 13 years, 5 were down years. This compares to his 115% average annual return from 1991 to 1999.

http://abcnews.go.com/International/wireStory/london-banker-banned-dodging-rail-fares-27606194

U.A.E. Sees OPEC Output Unchanged Even If Oil Falls to $40 http://www.bloomberg.com/news/2014-12-14/u-a-e-says-opec-won-t-change-output-even-if-price-drops-to-40.html

Today silver was up 0.3%, but many silver stocks declined 3 to 5%, far more than the general market.

Still too early to call for lows. Bullard has to wait for at least a 5% decline from the highs before coming out to save the market.

Indonesian Fin Min: Cheap oil isn't sustainable. The recent plunge in oil prices is due to price wars, instead of structural market conditions, says Bambang Brodjonegoro, Finance Minister of Indonesia. http://finance.yahoo.com/video/indonesian-fin-min-cheap-oil-224000484.html

Adam Smith's invisible hand at work.

Just a play on words for the ticker CONN, which Greenlight owned 3.5 million shares.

Sometimes even the world's best stock analysts get it very wrong. "Fooling some people ..."

Been there, done that.

Wrinkle lines from all the years trading the markets, blowing up account after account.