Excerpt: From Dan Ariely and Jeff Kreisler’s Dollars and Sense: How We Misthink Money and How to Spend Smarter.  (WSJ)

Quote of the Day

"If you’re faking it, just stop. You’d be surprised how receptive people are to honesty. There’s something incredibly refreshing about speaking to somebody who doesn’t pretend to have all the answers to everything."

(Michael Batnick)

Chart of the Day

The stock market is not ignoring earnings news.