Adam Butler has no qualms about recommending Larry Swedroe’s new book Your Complete Guide to Factor-Based Investing.  (Advisor Perspectives)

Quote of the Day

"I have made it a rule to recommend only those investments that I have experienced myself. If a new innovation comes along, I tend to add it to my own portfolio with a little bit of money just to know what it’s like to live with it."

(Joachim Klement)

Chart of the Day

Implied stock correlations have spiked higher.