Kyle Bass speech at AmeriCatalyst

Sadly, embedding of the video is disabled, but Kyle Bass's speech can be viewed in its entirety on Youtube: AmeriCatalyst 2012 The Entanglement

ValueWalk also has a good read on recent position changes at Hayman: Kyle Bass Purchases Ten Percent Of Two Companies

50 minutes of Marc Faber. Better than porn??

One of the comments on Youtube: "Marc Faber? 50 minutes? Almost better than porn"

Mebane Faber: US Equities Not That Interesting

Mebane Faber, CIO of Cambria Investment Management says that U.S. stocks are are overvalued. He recommends looking at foreign equities like those in Europe and elsewhere.

JCPenney Stock 'a Disaster'

Despite JCPenney CEO Ron Johnson's best efforts, the retailer's shares have very little going for them, Durban Capital's Steve Kernkraut says.

Nate Silver on US Gun Control Laws, Statistics

Saxo Bank's `10 Outrageous Predictions' for 2013

Steen Jakobsen, chief economist at Saxo Bank, talks about his "outrageous predictions" for the global economy and financial markets in 2013

10 Outrageous Predictions
1. DAX plunges 33 percent to 5,000
2. Nationalisation of major Japanese electronics companies
3. Soybeans to rise by 50 percent
4. Gold corrects to $1200 per ounce
5. WTI crude hits $50
6. USDJPY heads to 60
7. Hong Kong unpegs HKD from USD – re-pegs to RMB
8. EURCHF breaks peg, touches 0.95
9. Spain takes one step closer to default as interest rates rise to 10%
10. 30-year US yield doubles in 2013

Gary Shilling on Treasuries, U.S. Economy, Budget

Whalen: Banks Are Becoming Dividend Plays

Jack Schwager interview with Opalesque

Bestselling author Jack Schwager sits down with Opalesque.TV to discuss the findings from his latest book, Market Sense and Nonsense.

Bill Ackman tears into Herbalife

The biggest news of the day. Ackman skewers into Herbalife at Ira Sohn, calling it a  "pyramid scheme." He is short over $1B (over 20M shares). It's the second "Big Short" in his career after MBIA. He claims he did not share his views with his tag team buddy Einhorn, which we doubt very seriously.

Ray Dalio at the DealBook conference

For Mr. Dalio, the world is in a great period of deleveraging. But he thinks that risk premiums could stand to be squeezed a bit more. At the same time, any expansion of risk premiums will generally be a negative development for asset classes as a whole. At some point, however, Mr. Dalio said that betting against corporate bonds will prove to be highly attractive. That time hasn’t come yet, he said.

Mr. Dalio says that within his firm, there’s a constant discussion about tactics, and where to be, and where not to be. “It’s hard to have a portfolio without bias, and have a very well-balanced portfolio,” he says, with too many people having a bias toward being long. That said, here’s what he thinks: 
There’s a place for gold. 
Equities will probably do better than bonds longer term 
Emerging markets will do well, with the squeeze on their currencies largely over.

Watch live streaming video from dealbook at livestream.com

Top Tech Picks For 2013

"I am not a big fan of PCs but I am a big fan of storage," said Walter Price, Allianz RCM Technology Fund, revealing his top tech picks for next year. And the Fast Money traders reveal their top plays of the day.

Alexandra Lebenthal on Muni Bonds

Alexandra Lebenthal, Lebenthal & Co., explains how the "fiscal cliff" has impacted Puerto Rico's municipal bonds, and the challenges facing U.S. municipalities. [Further reading: Fortune Magazine's "Alexandra Lebenthal: The new queen of Wall Street"]

JPMorgan's 2013 Equity Outlook

Thomas Lee, JPMorgan chief U.S. equity strategist, reveals his top five predictions for the new year.

A Sweet Spot For Indian Rupee in 2013

Robert Prior-Wandesforde, Director, Asian Economics Research, Credit Suisse says India's currency will hit a cyclical sweet spot in 2013, given the positive market impact from reforms.