Book notes: Insights on investing from Richard Thaler’s Misbehaving: The Making of Behavioral Economics.  (Washington Post)

Quote of the Day

"(T)he challenge for all investors is to consume the news without being consumed by it. Probably the single most important step you can take is to filter it wisely, taking in the news through intermediaries whose judgment you can trust."

(Jason Zweig)

Chart of the Day

Gold just can’t seem to find a bid.