Book excerpt: What Todd Wenning got wrong about Tesco from Keeping Your Dividend Edge: Strategies for Growing and Protecting Your Dividends.  (Monevator)

Quote of the Day

"Quality is the superstructure of the all-terrain company - and portfolio: They must be able to survive anything thrown at them by the global economy."

(Vitaliy Katsenelson)

Chart of the Day

Why we still pay attention to the Dow. (chart via MacroTrends)