Book review:  DIY Financial Advisor: A Simple Solution to Build and Protect Your Wealth by Wes Gray, Jack Vogel and David Foulke is “a good book for people who are motivated to do better with their investments.”  (Aleph Blog)

Quote of the Day

"Every investment cycle is defined by the collective desire to avoid the mistakes of the last one. Taken to extremes, that often becomes the catalyst for the next crisis."

(Vadim Zlotnikov)

Chart of the Day

There were few places to hide in Q3.

(ftalphaville.ft.com)