Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out last week’s edition including a look at illiquidity as an investment factor.
Quote of the Day
"The predictive power of R&D spending is concentrated among large-cap stocks."
(Larry Swedroe)
Round-ups
- A round-up of recent research including 'The Beige Book’s Value for Forecasting Recessions.' (alphainacademia.substack.com)
- A round-up of recent research on market bubbles including 'Bubble Beliefs.' (capitalspectator.com)
13-F filings
- The 13-F filings from a hedge fund show only a small part of the picture. (mojo3324106.substack.com)
- 13-F filings only tell us so much. (bloomberg.com)
Research
- Why active management persists. (blogs.cfainstitute.org)
- Default options matter a lot when it comes to retirement plans. (alphaarchitect.com)
- Comparing Bitcoin and gold as a safe haven asset. (morningstar.com)
- Do leveraged ETFs ever make sense? (quantpedia.com)
- When in doubt, promote a CEO from within. (semafor.com)
