Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out last week’s links including a look at litigation finance as an alternative asset.

Quote of the Day

"Ultimately, however, a factor’s anomaly status is never quite fixed."

(Raymond Micaletti)

Chart of the Day

Over the past decade margin change and multiple expansion have driven equity growth.

(canvas.osam.com)