Book review: Smarter Faster Better: The Secrets of Being Productive in Life and Business by Charles Duhigg builds on his previous work. (Knowledge@Wharton)
Quote of the Day
"My advice is that if you have an investment thesis that leads you to buy the stock, do so and stop worrying about what the talking heads on CNBC or Bloomberg tell you about it. If you have so little faith in your reasoning that you doubt it and are ready to abandon it the moment it is contested by a big name, you should consider investing in index funds instead."(Aswath Damodaran)
Chart of the Day
Beware the siren song of the Fed Model.