Review: “Everyone should be able to benefit from reading this book [Standard Deviations, Flawed Assumptions, Tortured Data and Other Ways to Lie with Statistics by economist Gary Smith].  (Dual Momentum)

Quote of the Day

"Putting yourself in a position to have to hit home runs in order to survive is a recipe for failure. Trust me, I’ve lived this. I don’t wish this torture on anyone."

(Sean McLaughlin)

Chart of the Day

The push into liquid alts has stalled.