Q&A: With Andrew Lo author of Adaptive Markets: Financial Evolution at the Speed of Thought.  (CFA Institute)

Quote of the Day

"In short, the Bitcoin market is a marvelous case study in ambiguity and animal spirits. It is providing invaluable information about how millions of human brains process stimuli coming, in this case, from public acceptance, imagination, and innovation surrounding cryptocurrencies."

(Robert Shiller)

Chart of the Day

In a bull market the largest money manager in the world, Blackrock ($BLK), should outperform.