Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out including a look at what role auditors play in sussing out financial fraud.
Quote of the Day
"The stock index of today is not the same as the index 10 years ago or 20 years ago."
(Mark Rzepczynski)
Chart of the Day
Just how big a hit did managed futures take last week? (chart via @ycharts)
Research
- How should quants take into account intangible assets when measuring the value factor? (alphaarchitect.com)
- Why use a single set of ESG ratings when you can combine multiple sets. (papers.ssrn.com)
- The case for equal weighted ETFs. (citywire.com)
- What happens when you substitute merger arbitrage for high yield in a portfolio. (mailchi.mp)
- Is it insider trading if executives trade stock in competitors? (propublica.org)
- Research shows the best traders look farther ahead. (klementoninvesting.substack.com)
