Review: Ed Thorp’s A Man For All Markets is “one of the best books I’ve read in a long time.”  (The Brooklyn Investor)

Quote of the Day

“Your intuition is that you can randomly pick stocks and start at zero...“But the empirical fact is if you randomly pick, you are starting behind zero.”

(J.B. Heaton)

Chart of the Day

The VIX is over its 200 day moving average for the first time since November. (via @SentimenTrader)