Book notes: On the investing implications of Larry Swedroe’s The Incredible Shrinking Alpha.  (Canadian Couch Potato)

Quote of the Day

"In the end, the market is controlled by the market. The truly important event for investors is the decisions made by a large group of consumers. People want the best product or service at the best price. Find that, and all the financial issues will follow."

(Eddy Elfenbein)

Chart of the Day

A tale of two retailers in 2015: Wal-Mart ($WMT) and Home Depot ($HD).