Book notes: What can biomimicry teach us about investing? A look at Katherine Collins’ The Nature of Investing: Resilient Investment Strategies through Biomimicry.  (Enterprising Investor)

Quote of the Day

"Normal things change faster than you expect. "History doesn't crawl," Nassim Taleb writes, "it leaps." Things "go from fracture to fracture, with a few vibrations in between. Yet we like to believe in the predictable, small incremental progression."

(Morgan Housel)

Chart of the Day

A history of bull market gains.