Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out last week’s edition including a look at the relationship between the quality and value factors.

Quote of the Day

"An investment that is risk free over a six month time period will not be risk free, if you have a ten year time horizon...By the same token, an investment that delivers a guaranteed return over ten years will not be risk free to an investor with a six month time horizon."

(Aswath Damodaran)