Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out last week’s links including a look at whether the ‘year end rally’ is still a thing.
Quote of the Day
"Things that are easy to stick with are also easy to arbitrage away."
(Cliff Asness)
Research
- November 9th was a reminder that momentum reversals are often swift and significant. (alphaarchitect.com)
- The new Mauboussin and Callahan piece on valuing companies using a real option methodology. (morganstanley.com)
- Has the window of opportunity for endowment funds to add value in alternatives now over? (evidenceinvestor.com)
- Academic finance has a 'file drawer problem' and it seems to be getting worse. (alphaarchitect.com)
- Research shows inexperienced investors have a tendency to turn to social media for stock picks. (alphaarchitect.com)
- Why the end of Quantopian was inevitable. (msn.com)
