Book review: Why we needed a second edition of David J. Abner’s The ETF Handbook: How to Value and Trade Exchange-Traded Funds.  (Reading the Markets)

Quote of the Day

"If you climb a mountain you are sure to have a few missteps along the way. But you keep going. You don’t stop and start over if you trip here or take the wrong path there. You keep going. You can’t remove that step. It happened, it’s part of the climb. And when the climb is done, you’ve finished. As long as you made it to the top, you don’t call the climb a mistake."

(Jason Fried)

Chart of the Day

Risk parity strategies have had a good 2016, YTD.