Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out last week’s links including a look at how selective memory plays a role in investor overconfidence.
Quote of the Day
“That the S&P 500 should be at fair value is about as likely as playing a game of lotto, where you have to select 500 numbers out of one million and ending up with a winning combination that is the numbers 1 to 500 in a row.”
(Joachim Klement) Chart of the Day
Just how big is the ESG space?
(institutionalinvestor.com) Longreads Research