Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out last week’s links including a look at how to use NBA efficiency statistics to spot higher performing startups.
Quote of the Day
"Momentum has structural as well as behavioral drivers."
(Mark Rzepczynski)
Research round-ups
- A list of research papers for November including "All Time Highs: A Good Time to Invest? No. A Great Time." (bpsandpieces.com)
- A round-up of recent research on inflation including "Inflation, Investment and Valuation." (capitalspectator.com)
Research
- Robert Shiller on why equities aren't expensive as they look on first glance. (project-syndicate.org)
- Why markets seems to be more momentum-oriented these days. (klementoninvesting.substack.com)
- How upgrades and downgrades drive corporate bond performance. (mailchi.mp)
- The reasons why persistence in private equity returns is fleeting. (blogs.cfainstitute.org)
- Mutual fund companies strategically use cross-trades to boost fund performance. (alphaarchitect.com)
