Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out last week’s edition including a look at an introduction to private credit.

Quote of the Day

"For most portfolios, beta will drive the majority of returns over the long run. As such, it will be far more fruitful to first exhaust sources of beta before searching for novel sources of alpha."

(Corey Hoffstein)

Chart of the Day

Nvidia ($NVDA) is one of the most expensive stocks in the S&P 500.