Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out last week’s links including a look at the performance of the average stock during a big bull market.

Quote of the Day

“Most ESG investing is little more than a marketing trick. The message is not ‘ignore ESG’ but rather ‘do not buy the narrative of ESG outperformance’.”

(Sonny Kapoor)

Chart of the Day

Value is cheap in Europe, as well. (via Verdad Capital)