Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out including a look at financial regrets in old age.
Quote of the Day
"Correlations alone are not enough to identify alternative strategies."
(Nicolas Raebener)
Quant
- The CFA Institute has fallen down on the job of advancing industry knowledge. (linkedin.com)
- A round-up of recent research on valuation including 'Valuation When Disaster Risks Increase at an Increasing Rate.' (capitalspectator.com)
Hedging strategies
- Hedging strategies come in two different flavors: fast and slow. (aqr.com)
- Can trend following move the needle on a portfolio? (universa.net)
- The case for managed futures as a part of a diversified portfolio. (lightfinance.blog)
Research
- The index effect is disappearing over time. (nber.org)
- Is the small cap effect a function of easy monetary policy? (alphaarchitect.com)
- Equal-weighted portfolios are a bet on the size effect. (papers.ssrn.com)
- Historical data show that investors hate inflation. (alphaarchitect.com)
- Deleveraging firms are relatively easy to identify. (mailchi.mp)
- More evidence that mutual fund herding happens. (papers.ssrn.com)
