Book notes: Writing is thinking on the page. Insights from 101 Things I Learned in Law School by Matthew Frederick and Vibeke Norgaard Martin.  (Farnam Street)

Quote of the Day

"Being fully in cash warps your mind and does not allow you to think straight. It’s sure to result in emotional problems as well. Plus, it’s a money loser."

(Josh Brown)

Chart of the Day

10-year expected returns and risk via Research Affiliates.