Wednesday is all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at why dynastic wealth dissipates over time.

Quote of the Day

“(Investors) don’t understand that this is a zero-sum game where, as I like to say, in every trade there is an idiot. And if you don’t know who the idiot is, you are in trouble.”

(Meir Statman)