Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out including a look at why you should be wary of ‘young CFOs.’
Quote of the Day
"There are various ways of obtaining downside protection from options but all are expensive."
(Mark Rzepczynski)
Behavior
- Why investors hang on to losing stocks. (onlinelibrary.wiley.com)
- Corporate boards are strongly inclined to bring on new members with existing connections. (alphaarchitect.com)
- On the psychology of giving people no strings attached money. (wsj.com)
Research
- Trend following loves macro volatility. (mrzepczynski.blogspot.com)
- Don't fool yourself when it comes to picking a proper benchmark. (advisorperspectives.com)
- What 200 years of news-based economic sentiment tells us. (papers.ssrn.com)
- Has the stock market become less discerning about company earnings? (klementoninvesting.substack.com)
- A round-up of recent white papers including 'History Lessons: How “Transitory” Is Inflation?' (bpsandpieces.com)
