Friday links: investment self-confidence

December 2025The S&P 500 returned 0.06% in December. (on.spdji.com)How major asset classes performed in December. (capitalspectator.com)MarketsSilver had a huge 2025. (barrons.com)The U.S. dollar had its worst year since 2017. (nypost.com)Indian equities underperformed in 2025. (bloomberg.com)Strategy2025 should have been a big year for active managers. (larryswedroe.substack.com)Trends don't end just because the calendar turned the page. (trendlabs.com)Financial markets don't care what your theory says. (klementoninvesting.substack.com)What can you learn from your past year's portfolio returns? (fortunesandfrictions.com)Retail tradingRetail traders are having a growing impact on markets. (wsj.com)Traders who followed 'Captain Condor' are feeling the pain. (morningstar.com)Berkshire HathawayNobody can accuse Warren Buffett of losing his way. (wsj.com)Warren Buffett on why he is confident in Greg Abel. (cnbc.com)On the challenges facing Greg Abel is facing including 'maintaining Berkshi