Tuesday links: consistent outperformance

Quote of the Day

“A belief that consistent outperformance from an active fund manager is an indication of skill that is likely to persist is not only wrong, but also dangerous.”

(Joe Wiggins) Chart of the Day

TIPS yields are headed toward positive territory. (chart via @ycharts)

(ft.com) Inflation Finance Venture capital Funds Demographics Housing Earlier on Abnormal Returns Mixed media

Keep reading this article on Abnormal Returns Blog.

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