Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out including a look at the poor performance record of SPACs.
Quote of the Day
"The big question is of course whether something that is observable and thus that ‘works’ can actually translate into an effective ETF strategy."
(David Stevenson)
Quant stuff
- Sign up for free for the 2023 edition of the Democratize Quant conference. (alphaarchitect.com)
- The CFA Institute has created a separate Data Science for Investment Professionals Certificate. (institutionalinvestor.com)
Research
- How to use ChatGPT to summarize financial disclosures. (papers.ssrn.com)
- Why intangibles matter - accounting conservatism distorts results. (papers.ssrn.com)
- The case for international diversification is a long term one. (aqr.com)
- The gains from activist investors are short lived. (ft.com)
- A review of "The Little Book of Picking Top Stocks: How to Spot the Hidden Gems" by Martin S. Fridson. (blogs.cfainstitute.org)
