Book excerpt: The case for indexing from Charlie Ellis’ The Index Revolution: Why Investors Should Join It Now. (Institutional Investor)

Quote of the Day

"Seven of the last eight prospective clients I have spoken to are scared. They tell me "there is no way I am investing at these levels," and the most common phrase I hear from them is "a crash is coming.""

(Joe Fahmy)

Chart of the Day

Gold is in the midst of its most substantial rally since 2011.