Research links: the Babe Ruth effect
Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out last week’s edition including a look at...
Endowment model
- On the unraveling of the endowment model. (papers.ssrn.com)
- How to do endowment investing better. (cambriainvestments.com)
Alternatives
- Private equity and venture capital are not immune from systemic shocks. (klementoninvesting.substack.com)
- Dividend recaps seem to be bad for everyone except the PE fund managers. (papers.ssrn.com)
- Venture capitalists overindex on teams when making investment decisions. (papers.ssrn.com)
Society
- Well-being among younger generations has been declining. (papers.ssrn.com)
- How excess deaths during the pandemic affected Social Security funding. (papers.ssrn.com)
Research
- There is a difference between risk and ambiguity. (klementoninvesting.substack.com)
- It's not enough to identify undervalued securities. You have to properly assess the risk and invest accordingly. (morganstanley.com)
- The best place to put your TIPS ladder. (papers.ssrn.com)
- The best rental returns come from the lowest priced properties. (papers.ssrn.com)