Monday is all about academic (and practitioner) literature at Abnormal Returns. You can check out last week’s links including a look at how CEOs sandbag earnings.
Quote of the Day
"Reliance on models without acknowledging where they can and will go wrong is a recipe for disaster."
(Dan Sotiroff)
Research links
- Why you should combine momentum and value in a single strategy. (etf.com)
- How to build an alternative strategy using value, momentum and trend. (blog.alphaarchitect.com)
- Why you should never use forward P/E ratios. (blogs.cfainstitute.org)
- How hedge funds add value on the short side. (papers.ssrn.com)
- How should analysts measure company quality? (papers.ssrn.com)
- Tax-efficient investing comes down to two main principles. (gf-cap.com)
- In favor of slothful, high active share fund managers. (papers.ssrn.com)
- Active share is a descriptor not a predictor. (beta.morningstar.com)
- Are corporate bonds worth the bother? (etf.com)
- What happens if we abandon the assumption of a positive risk-free rate? (researchaffiliates.com)
