Review: The Water Will Come: Rising Seas, Sinking Cities, and the Remaking of the Civilized World by Jeff Goodell is hard to unremember.  (NYTimes)

Quote of the Day

"My first boss used to say the obvious is obviously wrong. If you invest in conventional wisdom you’re going to lose your butt."

(Stanley Druckenmiller)

Chart of the Day

IPO activity is picking back up again.