Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out last week’s links including a look at the factorization of active management.
Research links
- Most stocks stink. (beta.morningstar.com)
- The idiosyncratic momentum anomaly. (papers.ssrn.com)
- Profitability is a well-known factor. What about the trend in profitability? (blog.alphaarchitect.com)
- Global diversification is a long-term proposition. (papers.ssrn.com)
- On the true value of illiquidity. (papers.ssrn.com)
- Alternative lending schemes are by their nature illiquid. (etf.com)
- Male analysts show a bias toward male-led companies. (wsj.com)
