Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out last week’s edition including a look at how to properly characterize growth stocks.
Quote of the Day
"The evidence about the investment decisions we should make is opaque, changeable and often conflicting. Even if we have all the relevant information to hand, it still requires us to have opinions and own them."
(Joe Wiggins)
Round-ups
- A round-up of the past month's white papers including 'Heretical Thinking: The Long Volatility Premium.' (bpsandpieces.com)
- A round-up of recent research including 'Enhancing Value-Growth Stock Classification Using K-Means Clustering with Mahalanobis Distance.' (alphainacademia.substack.com)
Indexing
- Why bond indexing is flawed. (excessreturnspod.substack.com)
- Index replication isn't free. (larryswedroe.substack.com)
- Do we really need to worry about equity index concentration? (papers.ssrn.com)
Quant stuff
- How to apply quant insights to prediction markets. (quantpedia.com)
- There's no such thing as a fully automated trading system. (mrzepczynski.blogspot.com)
Research
- The case for lower future equity market returns. (fa-mag.com)
- Why this Austrian government bond is trading for 3 cents on the dollar. (ft.com)
- What exactly is the definition of TPA? (mrzepczynski.blogspot.com)
- How short interest can inform short term contrarian trades. (klementoninvesting.substack.com)
- Government policy matters for markets. (alphaarchitect.com)
- How local news deserts affect IPO pricing. (papers.ssrn.com)
- What do equity analysts focus on in their reports? (klementoninvesting.substack.com)
- How good are social scientists at predicting experimental outcomes? (nber.org)
