Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out last week’s links including a look at the performance of anomalies post-publication.

Quote of the Day

"The return on a leveraged long or short ETF held over time will incur a drag that increases dramatically with both leverage and realized volatility."

(Victor Haghani and James White)

Chart of the Day

How is Renaissance Technologies’ RIEF doing?