Review: Burton Malkiel writes Ed Thorp’s A Man for All Markets is full of “important lessons about the function of markets and the logic of investment.”  (WSJ)

Quote of the Day

"In finance, mathematicians and economists strive to produce elegant formulas for an inelegant universe. The beauty of investing, though, is that no formula can accurately predict future results."

(Arne Alsin)

Chart of the Day

How much more does this equity rally have to run?

(ft.com)