Research links: more than math
Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out last week’s edition including a look at...
Skew
- Why investors avoid positive-skew investment strategies. (rcmalternatives.com)
- How skew and kurtosis should play a role in portfolio construction. (mailchi.mp)
Round-ups
- A round-up of recent white papers including 'A New Paradigm in Active Equity.' (bpsandpieces.com)
- A round of recent research including 'Do Generalist CEOs Reduce Corporate Default Risk?' (alphainacademia.substack.com)
- Some popular economics books to avoid including "Power and Progress," by Daron Acemoglu and Simon Johnson. (noahpinion.blog)
Research
- What factors drive the stock-bond correlation? (alphaarchitect.com)
- The 2025 Global Investment Yearbook is here. (ubs.com)
- High investment has historically led to disappointing future returns. (acadian-asset.com)
- The asset growth factor is not as powerful on a closer look. (morningstar.com)
- Why analysts overestimate earnings growth, 3-5 years out. (klementoninvesting.substack.com)
- The case for building the ERP from the bottom-up. (papers.ssrn.com)
- The PEG ratio isn't much of a market timing tool. (blogs.cfainstitute.org)
- Sportsbooks seem to anchor on pre-season NFL odds to win the Super Bowl. (papers.ssrn.com)
