Book recommendation: Tyler Cowen loves Ashlee Vance’s biography of Elon Musk and says “so far it is the book I have enjoyed most this year.” (Marginal Revolution)

Quote of the Day

"Smart beta is much more smart marketing than smart investing."

(Burton Malkiel)

Chart of the Day

The muted case for the future returns on a 60/40 portfolio.

(blog.thinknewfound.com)