Review: Jonathan Clements on Meir Statman’s Finance for Normal People, “Put the book on your bedside table and occasionally dip into one of the chapters. It’ll help you figure out what wants you have—and help you avoid costly cognitive and emotional errors.”  (Humble Dollar)

Quote of the Day

"Alpha is the macho finance shorthand for an exemplary life. It is the excess return earned beyond the return required given risks assumed. It is finance nirvana."

(Mihir Desai)

Chart of the Day

Tesla ($TSLA) just passed BMW in market capitalization.

(bloomberg.com)