Book review: Superforecasting: The Art and Science of Prediction by Philip Tetlock and Dan Garnder is a “must read book” for everyone sick of the “guru model.”  (Reading the Markets)

Quote of the Day

"Apple Music’s interface is too cluttered. Functionality is hampered. And this scares me, Apple was once a fountain of innovation. But now that it’s protecting its past, it’s screwed."

(Bob Lefsetz)

Chart of the Day

What does probability mean in your profession? In this case, investment banking.