Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out including a look at optimal rebalancing frequencies.

Quote of the Day

"Diversifying away from U.S. stocks has been very painful for a long time. The S&P 500 has outperformed international stocks (ACWX) by 52% over the last five years and 160% over the last ten."

(Michael Batnick)

Chart of the Day

Value won the 2022 factor Olympics.