Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out last week’s links including a look at bias in manager selection.
Quote of the Day
On the value factor: “There’s no magic answer. If any of us had a good handle on this it would be part of the process itself.”(Cliff Asness)
Chart of the Day
Another year, another chance for the 60/40 portfolio to best the Ivy league endowment funds.