Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out last week’s links including a look at the replication crisis in finance.

Quote of the Day

"Markets price securities to provide investors adequate compensation for bearing uncertainty. For those wondering whether the technologies developed by Tesla, Facebook, Alphabet, and their peers somehow change this basic principle, the answer is an emphatic “No.”

(Gerard O'Reilly)

Chart of the Day

What happens when you combine a momentum and value strategy.