Book notes: Why are we still talking about Fannie and Freddie? A look at Bethany McLean’s Shaky Ground: The Strange Saga of the U.S. Mortgage Giants. (Reading the Markets)

Quote of the Day

"Someone, somewhere, right now is inventing or discovering something that will utterly change the future. But you're probably not going to know about it for years. That's always how it works. Just like Wilbur and Orville."

(Morgan Housel)

Chart of the Day

Home bias is killing your portfolio. (Image via Openfolio)