Book excerpt: Winning at Active Management: The Essential Roles of Culture, Philosophy, and Technology by Priest, Bleiberg, Welhoelter and Keefe. (Barron’s)
Quote of the Day
"Corporate governance arrangements that work when a founder is 30 may not work terribly well when that person is 93. To put it another way, people and founders change."(Steven Davidoff Solomon)
Chart of the Day
There is a bubble in indexes.