Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out last week’s links including a look at how the big university endowment funds have invested over time.
online pharmacy desyrel for sale with best prices today in the USA
buy inderal online inderal no prescription
Quote of the Day
"The golden rule for investors into the venture asset class must therefore be: Build a portfolio of 500 startups, with 100 companies being the absolute minimum."
(Kamal Hassan & Monisha Varadan & Claudia Zeisberger)
Factors
- Value is losing the 2020 Factor Olympics. (factorresearch.com)
- What it will take to resurrect the value premium. (papers.ssrn.com)
- A look at the overvaluation in growth stocks. (mailchi.mp)
Research
- Why endowment funds have underperformed for the past decade. (alphaarchitect.com)
- Venture capital return dispersion is so high because fund managers underdiversify. (institutionalinvestor.com)
- More research showing that stocks with lottery-like characteristics underperform. (alphaarchitect.com)
- Markets are pretty good at sniffing out forthcoming monetary policy shifts. (privpapers.ssrn.com)
- High return expectations don't make for better returns. (klementoninvesting.substack.com)
