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.

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)

Chart of the Day

September was a weird month for the VIX.