Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out last week’s links including a look at what it means to be a long-term investor.
Chart of the Day
Among American companies Apple ($AAPL) has generated the most profits for its shareholders.
Corporates
- What alternatives are there to dual-class shares to help keep a company focused on the long run? (papers.ssrn.com)
- CEOs start to gild the lily when activist hedge funds show up. (papers.ssrn.com)
- How company cash holdings have changed over time. (papers.ssrn.com)
Factor models
- Good luck trying to market time various return factors. (alphaarchitect.com)
- In praise of the Fama-French five-factor model. (etf.com)
Quant techniques
- Financial research has a number of problems, including scalability, but what is the alternative? (investresolve.com)
- Seven habits of highly ineffective quants. (cxoadvisory.com)
- Quant value techniques need not a value fund make. (blogs.cfainstitute.org)
Research
- After-tax compounding isn't easy, but here are some ways to increase your returns. (econompicdata.blogspot.com)
- GAAP earnings have stopped working. Why analysts need to look further afield. (cfapubs.org)
- What a test of Meb Faber's "Trinity Portfolio" shows. (allocatesmartly.com)
- Have the commodities markets become increasingly financialized? (papers.ssrn.com)
- Can technical analysis work in practice? (mathinvestor.org)
