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Quote of the Day

"Quantitative investing is more intellectually interesting than a guy in suspenders calling his buddies for stock tips. It requires math, for one thing, but it also seems to require philosophy; you need a more deeply grounded view of how the world works to do systematic quantitative investing than you do to buy a stock on a takeover rumor."

(Matt Levine)

Chart of the Day

Investor sentiment is reaching “” (via @TihoBrkan)