Book notes: John Grisham has ventured into new territory with his free e-book The Tumor: A Non-Legal Thriller. (Washington Post)

Quote of the Day

"Naive investors manage their portfolio in hopes of hitting a specified return target over a short period of time. Successful investors look to control risk, first and foremost, with the understanding that the returns will come eventually."

(Ben Carlson)

Chart of the Day

One big ETF manager is buying MLPs.

(blogs.barrons.com)