Book list: The Financial Times and McKinsey Business Book of the Year Award for 2016 long list is out and includes Brazillionaires: Wealth, Power, Decadence and Hope in an American Country by Alex Cuadros.  (FT)

Quote of the Day

"Intellectual curiosity is the key to success in many endeavors, not just money management."

(Scott Fearon)

Chart of the Day

An increasing proportion of stocks outyield the 10 year Treasury.