Book list: Some non-business readers from business leaders including Where Chefs Eat: A Guide to Chef’s Favorite Restaurants by Joe Warwick.  (Fortune)

Quote of the Day

"Most asset allocation work that relies on past returns is easy to do and bogus. Good asset allocation is forward-looking and ignores past returns."

(David Merkel)

Chart of the Day

Per @howardlindzon, Lending Club ($LC) joins the club of ‘broken IPOs.’