Book notes: Some thoughts on Gary Antonacci’s Dual Momentum: An Innovative Strategy for Higher Returns and Lower Risk. (A Wealth of Common Sense)
Quote of the Day
"If you're stupid, you can really destroy [your portfolio] just as easily with either daily or intraday trading. We think ETFs give customers what they want. And if they use them badly, oopsie. If they use them well, they're wonderful tools."(Rob Arnott)
Chart of the Day
Emerging market stocks are breaking down.