Holiday list: Barry Ritholtz picks gifts for the holidays including The Library: A World.  (Big Picture)

Quote of the Day

"..IQ and market knowledge are necessary but insufficient conditions for investment hopefuls. For full success, investors must be wedded to adaptability, practicality, flexibility--the willingness to modify, when the actions of human beings fail to behave as they did in the past."

(John Rekenthaler)

Chart of the Day

The relationship between the Fed Funds rate and the stock market this century.