Quote of the day
Scott D. Anthony author of The Little Black Book of Innovation, “If you want to innovate, it is always good to start with a degree of humility. ” (Globe and Mail)
Chart of the day

Emerging Asia hearts gold. (Gregor Macdonald)
Markets
The market is NOT closed for President’s Day. (bclund)
You have been warned: financial advisors love big cap, dividend payers. (Money Game)
High dividend stocks should outperform as long as the Fed remains in easy money mode. (Sober Look)
Why aren’t the industrial metals rallying? (Bonddad Blog)
Strategy
What does ‘passive investing‘ really mean? (Portfolio Probe)
The many ways in which overconfidence affect investors. (SSRN via CXOAG)
Companies
Pfizer ($PFE) is contemplating a carve out of its animal health business. (FT)
Can Yum Brands ($YUM) finally turn Taco Bell around? (The Reformed Broker, Money Game)
All of General Mills ($GIS) outperformance comes during recessions. (research puzzle pix)
Finance
ETFs
The VelocityShares Daily 2X VIX Short-Term ETN ($TVIX) is the new darling of $VIX traders. (VIX and More)
Dear Eric Sprott, Reg FD is a real thing. (Kid Dynamite)
Global
Trade Greek stocks at your own risk. (FT Alphaville)
Emerging market bond investors cannot live on credit ratings alone. (beyondbrics)
Iran may have a hard time finding buyers for its oil, post-sanctions. (FT, NYTimes also TRB)
Japan has a trade deficit problem. (Sober Look, FT)
Economy
Is it time to start worrying about inflation? (Time)
$4 gasoline is going to pinch consumers. (Horan Capital)
Closing the gap: alternative to the Keystone pipeline project. (Econbrowser)
The real crisis of capitalism is unemployment, especially youth unemployment. (Pension Pulse)
The week in review/preview
On falling risk and the prospects of a housing recovery. (A Dash of Insight)
Where markets stand at week-end. (Global Macro Monitor, ibid)
The economic week in review. (Bonddad Blog)
The economic schedule for the coming week. (Calculated Risk)
Mixed media
The world is shrinking. (Howard Lindzon, Seth Godin)
Some tips on not pissing your fortune away. (Business Insider)
Moneyball comes to ticket pricing. (Crain’s Chicago)
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