Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out last week’s links including a look at using text analysis to suss out fraud.
Quote of the Day
"No trader thinks front-running random retail flow makes any sense."
(Kris Abdelmessih)
Research
- Mikhail Samonov, "Not only can intangibles improve all of the main quant factors (not just Value, but Growth and Quality as well), they can also effectively replace traditional factor investing altogether." (twocenturies.com)
- Is the R&D effect story one of risk or mispricing? (alphaarchitect.com)
- The illiquidity premium is not really investable. (advisorperspectives.com)
- What a private equity replicating portfolio looks like in practice. (academic.oup.com)
- The history of technology is the creation of more data which requires additional technology to manage it all. (canvas.osam.com)
- Shareholders in a company are more loyal to its products. (papers.ssrn.com)
