Book list: Some classic business books that are worth re-reading including James Surowiecki’s The Wisdom of Crowds: Why the Many are Smarter than the Few.  (FT)

Quote of the Day

"Conventional thinking and behavior is safe. But it guarantees mediocrity. You need to know when your performance is likely to be improved by being unconventional."

(Shane Parrish)

Chart of the Day

Dan Loeb is cashing in, Third Point Reinsurance ($TPRE) shareholders not so much.