Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out last week’s links including a look at why hedge fund managers may engage in ‘greenwashing.’

Quote of the Day

"Momentum is without question one of the most robust investing factors. It is hard to argue with the long-term data that supports its effectiveness. But if you are going to follow a momentum strategy, it is important to become comfortable with the fact that the types of stocks you will get will vary significantly over time."

(Jack Forehand)