Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out last week’s links including a look at the sensitivity of factor premia to interest rates.

Quote of the Day

"Ultimately, the notion that bitcoin is digital gold stems from an attempt to fit an entirely novel asset class into existing mental frameworks."

(Amy Arnott)

Chart of the Day

Great charts from @Jesse_Livermore showing how valuations, in this case, dividend yields, have shifted over time.