Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out last week’s edition including a look at the state of momentum research 30 years in.

Quote of the Day

"This is why diversification is ultimately an ongoing battle against relative underperformance. Brian Portnoy said it best when he wrote, “Diversification means always having to say you’re sorry.” And it’s so true."

(NIck Maggiulli)