Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out last week’s links including a look at three trends that held back hedge fund returns over the past decade.
Quote of the Day
"The worst thing market participants can do is pay attention to fundamental/technical analysis in financial media because it causes cognitive dissonance and often results in erratic performance."(Michael Harris)
Chart of the Day
Sometimes correlations flip.