The smaller the company and the more illiquid its currency, the more the investment process becomes an art and less of a science. Just like with any art form, whether it’s music, acting, painting, etc it just takes a lot of time and experience to do it well. The art of investing in small companies is evaluating management teams. If you don’t believe that management is important when investing in small companies like microcaps, just wait a little longer. You will.The Generalized Specialist: How Shakespeare, Da Vinci, and Kepler Excelled (LINK)
The Rot That Lies Beneath Some Index Funds - by Jason Zweig (LINK)
Investors Playing ETF Rout Pushed Junk Bonds to Brink of Chaos [H/T Rick Bookstaber] (LINK)
Camouflage and dope in a Bull Market - by Sanjay Bakshi (LINK)
Kyle Bass predicts investors are getting ready to pour billions back into Greek economy (LINK)
Stitch Fix and the Senate - by Ben Thompson (LINK)
Robert Sapolsky Explains How Religious Beliefs Reduce Stress (article and video) (LINK)