Review: The Second Leg Down: Strategies for Profiting after a Market Sell-Off by Hari P. Krishnan is “useful not only to hedgers but even to speculative options traders.”  (Reading the Markets)

Quote of the Day

"A comparison is only as good as the universe you decide to include."

(Meb Faber)

Chart of the Day

The top 20 mutual fund companies by assets. (@MStarETFUS via @ritholtz)