Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out last week’s edition including a look at sector neutrality in factor investing.
Quote of the Day
"All told, risk parity funds have lagged global 60/40 funds every year since 2019, according to a broad index of the industry."
(Justina Lee)
Research
- A closer look at hedge fund industry performance. (alphaarchitect.com)
- How to suss out intangible-rich international companies. (sparklinecapital.com)
- Quality and low vol are not synonymous. (insights.finominal.com)
- For generative AI to work in investing it needs the right kind of data, and a lot of it. (acadian-asset.com)
- How green investors affect market equilibria. (papers.ssrn.com)
- Better fund managers are paid more. (papers.ssrn.com)
- On conference calls, corporate executives talk a lot more about customers than employees. (papers.ssrn.com)
- Why you should read "Missing Billionaires: A Guide to Better Financial Decisions" by Victor Haghani and James White. (mrzepczynski.blogspot.com)
- Tips on how to pass Level 1 of the CFA on the first try. (alphaarchitect.com)