Book review: How to Have a Good Day: How to Harness the Power of Behavioral Science to Transform Your Working Life by Caroline Webb briskly summarizes the psychological literature in regards to the workplace.  (FT)

Quote of the Day

"The anti-forecasters want everyone to believe that there is some way to make decisions about the future without making forecasts. This is obviously nonsense since any decision about the future involves an implicit forecast about future outcomes."

(Cullen Roche)

Chart of the Day

The S&P 500 has outperformed its equal-weighted cousin in 2015.