Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out last week’s links including a look at the case against REITs as a portfolio diversifier.
Quote of the Day
"Good investment decisions are based on filtering noise."
(Mark Rzepczynski)
Investment factor
- Why is the investment factor so strong with small caps? (alphaarchitect.com)
- DFA is set to include the investment factor in its portfolio processes. (institutionalinvestor.com)
Factors
- A history of factor investing. (osam.com)
- There is no single measure of growth or value. (mrzepczynski.blogspot.com)
- There is no single, perfect value ETF. (blog.validea.com)
The Medallion Fund
- How much should you have been willing to pay in fees to invest with Jim Simons and Renaissance Technologies? (ofdollarsanddata.com)
- Some insights from Gregory Zuckerman's "The Man Who Solved the Market." (systematicedge.wordpress.com)