Book notes: Looking forward to taking a look at Adaptive Asset Allocation: Dynamic Global Portfolios to Profit in Good Times and Bad by Adam Butler, Michael Philbrick and Rodrigo Gordillo.  (GestaltU)

Quote of the Day

"Value investing works, but it doesn't work on a schedule."

(Wally Weitz)

Chart of the Day

High yields have bounced but are they a buy?