Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out last week’s edition including a look at how to identify value traps.

Quote of the Day

"In other words, what investors are missing when they compare stock and bond yields is that the former is a real yield while the latter is nominal."

(Lawrence Hamtil)

Chart of the Day

On a risk-adjusted basis the S&P Dividend Aristocrats have performed well over time. (chart via YCharts)