Book excerpt: An excerpt from Ashlee Vance’s Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future.  (Bloomberg)

Quote of the Day

"The more time we spend researching businesses and the less time on watching the quotes screen, the better off we'll be in the long-run."

(Todd Wenning)

Chart of the Day

Apple ($AAPL) has a sh*t ton of cash. (via TRB)