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.