Book alert: An excerpt from Zac Bissonnette’s The Great Beanie Baby Bubble: Mass Delusion and the Dark Side of Cute. (NYPost)

Quote of the Day

"Investment committees, institutional asset managers, Morningstar, and others emphasize 3-year past performance as an indicator of future success, when the just opposite is likely to be true."

(Gary Antonacci)

Chart of the Day

Everybody is rightly passing around Dilbert this week on investing.