Book adaptation: Baruch Lev and Feng Gu authors of The End of Accounting and the Path Forward for Investors and Managers argue that accounting no longer measures company performance.  (WSJ)

Quote of the Day

"Try and keep an open mind about past performance when it comes to betting on people and ideas."

(Howard Lindzon)

Chart of the Day

No wonder everyone is on edge. Policy uncertainty has spiked.