Book insights: Why you can’t trust even your fondest memories: insights from Guy P. Harrison’s Think: Why You Should Question Everything.  (Farnam Street)

Quote of the Day

"So if you can get a couple of decent years together and a decent story and then slide quietly into mediocrity, it’s a recipe for success for your fund company, and a recipe for disappointment for investors.'

(David Snowball)

Chart of the Day

The new January effect: precious metals jump in the new year. (WSJ)