I beleive you can find a lot of useful thoughts, directions and links here at odforce.
Besides, there are many good news , articles, at SESI site.
And of course, don't forget FXPHD.
(http://www.fxguide.com/featured/art-of-destruction-or-art-of-blowing-crap-up/
http://www.fxguide.com/featured/the-science-of-fluid-sims/)
Try to find articles or PDF papers in area you are most interested. Many theoretical knowledge you can take out of there.
(for example, if you are interested in volumes:
http://nccastaff.bournemouth.ac.uk/jmacey/MastersProjects/MSc09/Claes/index.html
http://magnuswrenninge.com/content/pubs/ProductionVolumeRenderingSystems2011.pdf)
Take a look at makingoffs video and try to analyse them. For example, digital domain have really detailed makingoffs.
Hope that hepls.