Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out including a look at the challenge of capital allocation for CEOs.

Quote of the Day

"Unless an analyst can show that a strategy based on fundamentals can yield alpha quickly, hedge funds are usually not that interested."

(Shivaram Rajgopal)

Chart of the Day

2022 was all about commodities. (via @ycharts)