Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out last week’s edition including a look at why exchange trading models are getting better.
Quote of the Day
"It is human nature to not take responsibility for our mistakes."
(Mark Rzepczynski)
Alternatives
- Why CTA volatility is falling over time. (mrzepczynski.blogspot.com)
- Hedge fund fees have historically taken up nearly 50% of gains. (institutionalinvestor.com)
Research
- How do the three big arguments against passive investing hold up? (ofdollarsanddata.com)
- The Russell 2000 is not a great index. (scheplick.com)
- Quality value stocks perform well in the wake of an inflation shock. (klementoninvesting.substack.com)
- Why investors in thematic funds underperform. (jeffreyptak.substack.com)
- Why bonds deserve a bigger term premium. (mrzepczynski.blogspot.com)
- A round-up of recent research papers on 'risk premia.' (capitalspectator.com)
- How much does elite wealth matter over generations? (nber.org)
