Book review: A look at some classic short-sale situations in Scott Frearon’s Dead Companies Walking: How A Hedge Fund Manager Finds Opportunity in Unexpected Places.  (Barbarian Capital)

Quote of the Day

"The coolest feature of investing primarily via asset allocation is that 95% of news is instantly transformed into entertainment. Alchemy!"

(Joshua Brown)

Chart of the Day

How has China’s stock market outperformed given all that is going on?