Excerpt: Born Anxious: The Lifelong Impact of Early Life Adversity—and How to Break the Cycle by Daniel P. Keating on why early-life stress “gets under our skin.”  (Scientific American)

Quote of the Day

"When Silicon Valley screws up, people who want a pointless Wi-Fi enabled juicer get a pointless Wi-Fi enabled juicer. Which by all accounts makes pretty good juice."

(Scott Alexander)

Chart of the Day

Shorting volatility is not a free lunch.