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Quote of the Day

"I am not arguing that investing in small cap stocks is a bad strategy, but investing in small companies, just because they are small, and expecting to get rewarded for doing so, is asking to be rewarded for doing very little. Markets are unlikely to oblige."

(Aswath Damodaran)

Chart of the Day

16.5% of the labor force in the US was on unemployment as of the end of last week. (via @charliebilello)