Monday is all about academic (and practitioner) literature at Abnormal Returns. You can check out last week’s links including a look at statistical distortions in finance.
Mainstream
- Exploring smart beta. (researchaffiliates.com)
- Which value metric should you trust? (washingtonpost.com)
- A history of stocks, bonds and bills. An excerpt from Meb Faber's "Global Asset Allocation: A Survey of the World's Top Asset Allocation Strategists."* (mebfaber.com)
- Hedge funds and Warren Buffett have suffered the same fate. (alphaarchitect.com)
- Corporate boards with more women are less likely to hit by scandal. (ft.com)
Technical
- Investment consultants show no sign of being able to pick outperforming managers. (jbs.cam.ac.uk)
- Days to cover is a better predictor than the short ratio. (papers.ssrn.com)
- Can you time value-momentum with relative valuations? (alphaarchitect.com)
- Momentum is all about fundamental momentum. (papers.ssrn.com)
- How hedging affects firm value. (papers.ssrn.com)
- Why commodity bubbles happen: hoarding. (papers.ssrn.com)
- Why do CEOs hold so much "unconstrained" equity in their companies? (papers.ssrn.com)
- People commonly underestimate their future spending. (papers.ssrn.com)