Research links: smart beta bubbles February 22, 2016 Monday is all about academic (and practitioner) literature at Abnormal Returns. You can check out last week’s links including a look at how currency hedging hurts international diversification. Smart beta On the prospects for a collapse in factor returns. (researchaffiliates.com) TweetPocketInstapaper ETF companies too often take a "spaghetti against the wall" approach to fund launches. (blog.alphaarchitect.com) TweetPocketInstapaper Research links Dual momentum works with individual stocks as well. (papers.ssrn.com) TweetPocketInstapaper It seems that recession risk is priced in the cross-section. (papers.ssrn.com) TweetPocketInstapaper Overconfident investors help explain predictable returns and overtrading. (papers.ssrn.com) TweetPocketInstapaper Why past performance is such a bad measure for hiring and firing managers. (etf.com) TweetPocketInstapaper On the relationship between bubbles and volume. (papers.ssrn.com) TweetPocketInstapaper Are asset managers vulnerable to fire sales? (libertystreeteconomics.newyorkfed.org) TweetPocketInstapaper Why rising interest rates are not great for bank savers. (blog.alphaarchitect.com) TweetPocketInstapaper You can support Abnormal Returns by visiting Amazon, signing up for our daily newsletter or following us on StockTwits, Yahoo Finance and Twitter.