Excerpt: Why we do weird stuff right before a decade-ender from Daniel Pink’s When: The Scientific Secrets of Perfect Timing.  (The Atlantic)

Quote of the Day

"There truly is no such thing as pure passive investing, just degrees of passivity. Indices, we ought to remind ourselves, are human constructs. They were not handed down from atop Mount Sinai nor are they naturally occurring phenomena."

(Josh Brown)

Chart of the Day

Momentum has momentum.