Monday is all about academic (and practitioner) literature at Abnormal Returns. You can check out last week’s links including a look at the cost of tax inversions for shareholders.
Quote of the Day
"Academics play a vital role; they are a generally unbiased check on the pretensions of financial practitioners, with enough technical knowledge to cut through the jargon with which Wall Street can confuse the investing public."
(Buttonwood)
Research links
- Diversification always disappoints. (blog.thinknewfound.com)
- Deep value funds are few and far between. (blog.alphaarchitect.com)
- On the benefits of combining value and momentum. (systematicrelativestrength.com)
- Does higher skewness drive the low beta anomaly? (q-group.org)
- How do hedge funds perform in a crisis? (etf.com)
- The limits to arbitrage have a large effect on anomalies. (etf.com)
- How factors perform across the economic cycle. (factorinvestor.com)
- Bubbles are way overblown. (blog.alphaarchitect.com)
- Why companies are holding more cash: R&D intensity. (papers.ssrn.com)
- A link to the papers from the Spring 2016 Q Group seminar including Tobias Moskowitz's "Size Matters, If You Control Your Junk." (q-group.org)
