Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out last week’s links including a look at the so-called ‘demise of value.’

Quote of the day

“So this is the stark choice that many organizations now face: Go with big data and machine learning, combined with other advanced quantitative technology, or leave finance to those who do.” – David H. Bailey

Chart of the day

High momentum stocks seem to be mean-reverting in the short-term. (CSS Analytics)