Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out including a look at the value of gold as a portfolio hedge.
Quote of the Day
"Data never sit alone in a vacuum: They’re amassed, interpreted, and reinterpreted alongside the totality of evidence that precedes them."
(Katherine J. Wu)
Factors
- Joachim Klement, "The bottom line is that the academic definition of ‘growth investing’ isn’t really a proper growth investment style." (klementoninvesting.substack.com)
- What factors are representative of defensive equity. (advisorperspectives.com)
Research
- Igor Tulchinsky, "Finance may not feel like the most obvious application of these [AI] tools, but we should recognize the importance of approaching early-stage technology like this in a spirit of radical openness." (institutionalinvestor.com)
- The top 10 stocks in the S&P 500 are dominated by technology stocks. The rest of the index not so much. (morningstar.com)
- The number of companies that are big stock market wealth generators is shrinking over time. (papers.ssrn.com)
- Good trying to find equity fund manager alpha. (insights.finominal.com)
- Why hasn't Bitcoin already disappeared? (barrons.com)
- On the relationship between workplace well-being and firm performance. (wellbeing.hmc.ox.ac.uk)
