Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out last week’s links including a look at why selling option isn’t ‘passive income.’

Quote of the Day

"It’s a complex world out there, and humans are deluged with haphazard and indiscriminate information. Recognizing patterns from incomplete data is a way of simplifying our habitat, making it manageable — and sometimes staying alive."

(Matthew Brooker)

Chart of the Day

Employee satisfaction remains a driver of stock market outperformance.

(klementoninvesting.substack.com)