Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out last week’s edition including a look at the case for a strategic allocation to gold.
Quote of the Day
"So as ETFs become more popular and technology makes them cheaper to implement, more trades that were once bespoke and handcrafted will become standardized ETFs."
(Matt Levine)
Real estate
- The factors that help explain REIT returns. (alphaarchitect.com)
- A very long term look at the returns to housing. (quantpedia.com)
Wealth
- College savings plans are, not surprisingly, used by those who need them the least. (papers.ssrn.com)
- Why older Americans are becoming relatively more wealthy. (papers.ssrn.com)
- The top 10% of earners garner 60% of the benefit from tax benefits and employee matches in retirement plans. (papers.ssrn.com)
Research
- The convenience yield on Treasuries has been falling for a decade. (mrzepczynski.blogspot.com)
- Growth indices should include stocks that are actually growing. (papers.ssrn.com)
- Do traders know how VIX ETPs actually work? (papers.ssrn.com)
- We are simple creatures, easily manipulated. (papers.ssrn.com)
- Not every checklist is a good idea. (papers.ssrn.com)







