Monday is all about academic (and practitioner) literature at Abnormal Returns. You can check out last week’s links including a look at using random portfolios to test asset allocation strategies.
Perspective
- Why indexing works. (arxiv.org)
- Regime change happens. (awealthofcommonsense.com)
- Value stocks, as a whole, can underperform dramatically. (blog.alphaarchitect.com)
- Why the math behind global strategies is compelling. (gestaltu.com)
- There's only so many return factors you can use at a time. (etf.com)
- Why a naive, equal-weighted, asset allocation works so well. (blogs.cfainstitute.org)
- Naive fundamental analysis works. (blog.alphaarchitect.com)
- Some slight evidence for skilled fund managers. (blog.alphaarchitect.com)
