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Quote of the Day

"One thing you will not find throughout the annals of Berkshire Hathaway’s history is a lot of “thematic” investing. Buffett doesn’t do “themes.” He would not have been a big user of Motif Investments."

(Josh Brown)

Chart of the Day

It’s not just US stocks that are having a good August. (chart via @ycharts)

(ft.com)