Book Q&A: An interview with CIA operative turned novelist Barry Eisler author of Livia Lone.  (Eliot Peper

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Quote of the Day

"Indexing will continue to grow and expand its market share at the expense of the active funds business, but human behavior with its often irrational decision-making, will impose a ceiling below 100%, on the share of investment capital controlled by index managers. That ceiling will ensure well-functioning and efficient capital markets."

(John Bogle)

Chart of the Day

Market timers are pretty darn bullish.

(naaim.org)

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