Edgar Wachenheim III’s Common Stocks & Common Sense is a “solid book for all fundamental investors focused on stock-picking.”  (Reading the Markets)

Quote of the Day

"Yet much of today’s economy is built on notions like “disruption” and pivoting, on making hasty escapes and cutting losses. From this perspective, there’s no point in archiving the past or dwelling on its minor revolutions; the problems they’re solving are always in the future."

(Hua Hsu)

Chart of the Day

Amazon ($AMZN) and Google ($GOOGL) are leaving Apple ($AAPL) in the dust.