Book review: William Bernstein raves about Andrew Ang’s Asset Management: A Systematic Approach to Factor Investing. (Enterprising Investor)
Quote of the Day
"The answer to whether you should use active strategies is not a binary yes or no. The answer to the question is unique to each individual and it is dependent on that investor’s temperament."(Patrick O'Shaughnessy)
Chart of the Day
There is always a reason to call a top.