Book review: Chaos Monkeys: Obscene Fortune and Random Failure in Silicon Valley by Antonio Garcia Martinez is a “book about the human side of the Valley.”  (TechCrunch)

Quote of the Day

"We live in an age of specialists, and in investments, this has taken the form of experts who operate in silos, option traders who act as if their derivative securities can exist without their underlying assets, fixed income investors who function as if bonds are the only game in town and equity investors who can only talk about stocks."

(Aswath Damodaran)

Chart of the Day

America’s corporate boards are older, whiter and staler.