Book recommendation: The Warren Buffett Philosophy of Investment: How a Combination of Value Investing and Smart Acquisitions Drives Extraordinary Success by Elena Chirkova is for Buffett newbies and fans alike. (Reading the Markets)
Quote of the Day
"The investment industry needs to acknowledge that it has made investment unduly complicated, largely in an attempt to justify the existence of advisers."(John Authers)
Chart of the Day
Consumer-focused sectors are rolling over on a relative basis.