Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out including a look at the importance of picking the right portfolio benchmark.

Quote of the Day

"The probability of a study finding an effect in economics is 99.9%(!), but if publication selection bias is taken into account, this drops to a mere 29.7%."

(Joachim Klement)

Chart of the Day

Not all alternative ETFs act alike.