Book review: Disrupted: My Misadventure in the Startup Bubble by Dan Lyons is “laugh-out-loud good.” (Jeff Matthews)

Quote of the Day

"What’s clear is that manager performance is quite cyclical. Put differently, just as value and growth stocks go in and out of favor, so too does active management. And just like value and growth, the duration of these fertile and fallow periods can be quite extended."

(Jonathan Golub)

Chart of the Day

Investors are worried about Netflix’s ($NFLX) global growth.