Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out last week’s links including a look at whether there is a fundamental reason for value’s underperformance.
Quote of the Day
"However, being as objective as I can be, there is little doubt that toward the end of his life, Graham was suggesting a more automatic, diversified, even lazy approach to investing."(Drew Dickson)
Chart of the Day
What an adjusted CAPE ratio shows today.