Book list: 22 books to read on psychology and behavioral economics including The Hour Between Dog and Wolf: Risk Taking, Gut Feelings and the Biology of Boom and Bust by John Coates.  (Farnam Street)

Quote of the Day

"The institutions that bought that €7 billion in Greek debt in 2009 made a very bad judgment. Even at the time, it was clearly a foolish gamble — so foolish, in fact, that it can be explained in only one way. They believed that in the event of default, the Germans would bail the Greeks out"

(Adam Davidson)

Chart of the Day

Closed-end fund discounts are at historically wide levels.