Book notes: Risk management and lessons from The Gray Rhino: How to Recognize and Act on the Obvious Dangers We Ignore. (Reading the Markets)
Quote of the Day
"The “Panama Papers” didn’t come out of nowhere. Ever since ancient Rome imposed tax burdens on the wealthy, the wealthy have been trying to squirrel assets away from the reach of local law."(Jason Zweig)
Chart of the Day
Mortgage rates are at one-year lows.