Quote of the Day

"There’s a mocking statement that “it’s different this time” are the four most costly words in investing. And sure, investors fall for some of the same traps again and again. But for many things, it’s always different this time. Things change. So should you."

(Morgan Housel)

Chart of the Day

The PowerShares S&P Low Volatility ($SPLV) is no longer all that low vol.

(bloomberg.com)