Book notes: Top Dog: The Science of Winning and Losing by Po Bronson and Ashley Merryman is an “intriguing investigation into competitive fire.”  (Reading the Markets)

Quote of the Day

"But can anyone reliably beat the market with funds that are designed only to match the market?"

(Jason Zweig)

Chart of the Day

Despite a slump in lumber prices, timber-related ETFs are having a good year.