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Quote of the Day

"All that matters here is that people’s perception of what policymakers are capable of doing when the economy declines has been shifted higher in a huge way. And it’s crazy to think those new expectations won’t impact policymakers’ future decisions."

(Morgan Housel)

Chart of the Day

When you look at it this way, Berkshire Hathaway ($BRK.B) has had a rough decade.

(compoundadvisors.com)