Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out last week’s links including a look at why company quality can’t be directly measured.
Quote of the Day
"There are no experts in the room, nobody has a crystal ball, everyone is always figuring it out."
(Roshun Patel)
Short-selling
- It's clear that short sellers are an important part of the markets. (evidenceinvestor.com)
- Short squeezes, 101. (papers.ssrn.com)
Behavior
- How personality styles help explain investing styles. (papers.ssrn.com)
- Wealth inequality is inevitable due in part to the chance. The question is what to do about it. (chance.amstat.org)
- High school is too early to be teaching about retirement savings vs. budgeting and credit. (tiaainstitute.org)
Research
- How much of intangible investment is in human capital? (alphaarchitect.com)
- Market cap weighted indices are more carbon-intensive than the overall economy. (papers.ssrn.com)
- More passive ETFs mean for more trading costs. (quantpedia.com)
- The story behind the Gerber statistic, a robust co-movement measure for covariance matrix estimation for the purpose of portfolio construction. (institutionalinvestor.com)
- Why all backtests look good in retrospect. (insights.factorresearch.com)
- Is there seasonality in Bitcoin returns? (quantpedia.com)
