Review: Going Public: My Adventures Inside the SEC and How to Prevent the Next Devastating Crisis [by Norm Champ] is, above all, a timely reminder of the benefits of an expert regulator.”  (WSJ)

Quote of the Day

"There are many virtues to index investing, yet I feel as though their success is less a confirmation of their inherent virtues than it is an indictment of the fund industry which...cannot offer a superior product despite what seems to me to be a great opportunity to do so. "

(Lawrence Hamtil)

Chart of the Day

T-Mobile ($TMUS) is crushing it.