Research links: zero-sum propositions
Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out last week’s edition including a look at...
Podcasts
- William Green speaks with Victor Haghani, founder & CIO of Elm Wealth & author of "The Missing Billionaires: A Guide to Making Better Financial Decisions." (youtube.com)
- Cameron Passmore and Benjamin Felix talk with Barry Ritholtz about why humility, probabilistic thinking, and disciplined behavior are among the most valuable investing skills. (rationalreminder.libsyn.com)
Historical returns
- The historical record of the U.S. stock market stands out relative to the rest of the world. (beyondpassive.substack.com)
- A historical look at corporate bond premiums. (papers.ssrn.com)
Retail investing
- Retail investors listen most to family and friends. (alphaarchitect.com)
- Retail European investors are upping their exposure to equity markets. (snippet.finance)
Quant stuff
- Quant firms and AI companies are fighting over the same college graduates. (wsj.com)
- A round-up of recent academic research including 'Financial Language Models as Applied Artificial Intelligence Systems for News-Based Trading under Market Frictions.' (alphainacademia.com)
Research
- Skewness matters more than you think. (alphaarchitect.com)
- What happens after a period of high dispersion and low correlation? (acadian-asset.com)
- Is private credit volatility understated? If so, by how much? (larryswedroe.substack.com)
- Our definition of risk has changed over time. (papers.ssrn.com)
- Markets pay attention when companies talk about tax rates. (papers.ssrn.com)
- A look at the difference between three types of betting markets and the stock market. (morganstanley.com)
- RIP Victor Niedehoffer, the father of statistical arbitrage. (opalesque.com)
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