Book notes: How to escape the clutches of depression. Insights from Alex Korb’s The Upward Spiral: Using Neuroscience to Reverse the Course of Depression, One Small Change at a Time. (Larry Swedroe)

Quote of the Day

"Boards understand that the cheapest and most painless way of fending off an activist is to not attract one in the first place, which is why they have become more solicitous of shareholders’ views."

(Stephen Foley)

Chart of the Day

2015 was a mixed bag for US stock market indices.