Book notes: Can an algorithm identify bestsellers? Insights from The Bestseller Code: Anatomy of the Blockbuster by Jodie Archer and Matthew Jockers.  (FT)

Quote of the Day

"There are no public investment funds that are managed as patiently as were Berkshire Hathaway’s early portfolios."

(John Rekenthaler)

Chart of the Day

Is the emerging market bond trade overcrowded?