Say NO to Theme ETFs, Fed's Steepest Tightening, Phone Calls on Flights, SBF Arrested

“The individual investor should act consistently as an investor and not as a speculator. This means that he should be able to justify every purchase he makes and each price he pays by impersonal, objective reasoning that satisfies him that he is getting more than his money's worth for his purchase.”

– Benjamin Graham

  • US equity funds registered biggest weekly outflow in over 1.5 yrs (Reuters)
  • ‘Thematic’ ETFs. Just Say No. (Barron's)
  • Rob Arnott: This Is An Opportunity Rich Environment For Value Stocks (Acquirer's Multiple)
  • Investors Are Losing Faith in Cathie Wood’s ARK Innovation (WSJ)
  • Dr. Michael Burry's Scion Capital Annual Letters 2000-2006 (DIY Investor)
  • China’s central bank has funneled billions to countries that borrowed heavily from Chinese banks (WSJ)
  • Saudi Arabia on track to be fastest-growing G-20 economy (Bloomberg)
  • How Much Has Inflation Increased in 2022? Prices Still Rising? (Forbes)
  • Central bankers have a long way to go before they hit their targets (Economist)
  • We are living through The Fed's steepest tightening in last 20 yrs...
  • Twitter to relaunch Twitter Blue at higher price for Apple users (Reuters)
  • Europe will soon allow phone calls on flights. Will U.S. be next? (Wa Po)
  • Microsoft Buys The London Stock Exchange (Well, 4% Of It) (Forbes)
  • Satoshi Nakamoto's decision to walk away from Bitcoin was perhaps his greatest achievement. (Daily Bitcoiner)
  • Tim Draper predicts bitcoin will reach $250,000 next year despite FTX collapse: ‘The dam is about to break’ (CNBC)
  • Sam Bankman-Fried (FTX founder) Arrested in Bahamas, Set For 'Prompt' Extradition After US Files Charges (ZeroHedge)
  • US Justice Dept. investigating Binance for possible money laundering, criminal sanctions violations (Reuters)
  • The Top 5 Cold Storage Wallets For Your Crypto (DataDrivenInvestor)
  • Major oil pipeline outage is expected to hit US stockpiles (Reuters)
  • Is The Era Of Ever-Cheaper Lithium Batteries Over? (OilPrice)
  • Possible fusion energy breakthrough...

More: A ‘scientific breakthrough’ in nuclear fusion? How to watch the announcement tomorrow (The Verge)

  • A UK energy firm paid its customers to cut their energy use during peak times...
  • Average 30-yr mortgage rate fell for a fourth straight week to 6.33% (Axios)
  • Mortgage rates are down, but not enough for most borrowers (HousingWire)
  • Airbnb will ban New Year's Eve bashes (CBS)
  • What Investors Need To Know About The Rental Market in 2023 (ValueWalk)
  • Three Cheap Asian Residences for Your Strong Dollar...