Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out last week’s links including a look at the long history of the value and momentum factors.
Quote of the Day
"Backtesting if not done properly is as dangerous as generating random trades with a fair coin and often with a worse-than-random coin."(Michael Harris)
Chart of the Day
An examination of recent low vol performance, including during the March-April drawdown.