Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out including a look at the long term case for international diversification.
Quote of the Day
"Traditional portfolio optimization routines ignore regret and, I think, can leave investors exposed to trend chasing."
(David Blanchett)
Portfolio building
- Should we build portfolios with investor regret in mind? (pm-research.com)
- Why you portfolio needs more stocks to be diversified than commonly thought. (mailchi.mp)
Trading
- Another sign that portfolio manager trading, on average, is a negative. (morningstar.com)
- More evidence that retail investors are, on average, net losers when it comes to stock picking. (alphaarchitect.com)
Research
- Do U.S. investors underestimate equity risk due to the country's lucky streak? (advisorperspectives.com)
- Are some countries simply uninvestable due to political risk? (pionline.com)
- Why the SPAC crash shouldn't have been surprising. (papers.ssrn.com)
- Is there a best time of day to trade ETFs? (alphaarchitect.com)
- How do physical phenomena, like sunlight, affect investor behavior? (institutionalinvestor.com)
- Do men and women earn different returns on housing investments? (alphaarchitect.com)
