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

Quote of the Day

"It’s very fair to worry that a strategy might be arbitraged away once revealed and over-invested in. It’s a whole other thing to just assume it must be the case."

(Cliff Asness)

Chart of the Day

A seasonal pattern for Treasury yields.