Book review: Family Inc.: Using Business Principles to Maximize Your Family’s Wealth by Douglas P. McCormick takes a holistic approach to effective family wealth creation.  (Alpha Architect)

Quote of the Day

"Investing is like being a pilot. As a pilot once said, his job is "hours and hours of boredom punctuated by brief moments of terror."

(Morgan Housel)

Chart of the Day

Junk bonds are back to all-time highs. (via @MktOutperform)