Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out last week’s links including a look at what happens when an asset class is declared ‘broken.’

Quote of the Day

"Prices impute probabilities. By taking the extra effort to make this explicit we can de-fog our relative value goggles. This improves our decision making in trading and life."

(Kris Abdelmessih)

Chart of the Day

A look at the long-term return history of the 60/40 portfolio.