Monday is all about academic (and practitioner) literature at Abnormal Returns. You can check out last week’s links including a look at some backtesting tales.
Quote of the Day
"(T)rading is far from a rigorous science that obeys a set of axioms. Actually, there are no axioms in trading that are not tautologies. "
(Mike Harris)
Research links
- Why value investing goes through periods of underperformance. (blog.alphaarchitect.com)
- Some research into defining bull and bear markets. (papers.ssrn.com)
- What role optimization, despite all its flaws, has in analyzing portfolio weights. (capitalspectator.com)
- Why should you expect a return on your risk-free assets? (awealthofcommonsense.com)
- More evidence that higher levels of testosterone increase riskier trading. (bbc.com)
- At what age cognitive decline really begins to affect investing decision making. (psyfitec.com)
