Review: Ed Thorp’s A Man for All Markets is “highly recommended for anyone interested in investing.”  (Value and Opportunity)

Quote of the Day

"While we mostly process linear relationships, investment success is also predicated on our ability to create or find non-linear trades. The best investors look for cheap convex trades."

(Mark Rzepczynski)

Chart of the Day

What’s the story behind Berkshire Hathaway’s ($BRKB) big bet on airlines?