Review:The Foolish Corner [by John Howe and Rob Corrigan] is the highest-yield behavioral finance book I know of and I can’t recommend it more highly.”  (White Coat Investor)

Quote of the Day

"The problem is that the fees eat up that alpha. The benefits of active management have accrued to active managers, not to asset owners...Either active management has to get better or fees need to go down."

(Tom Brakke)

Chart of the Day

The flattening yield curve (2s vs. 10s) visualized.