@FoxyQuant originally told me about it, I think it helps. If you can’t sleep anyway, might as well give it a try!
Randomly came across this paper on SSRN (which is usually hardcore academic papers) and I just had to read it. Great title and interesting story on placement agents and pension fund asset raising:
Momentum & Value. 2 anomalies you can count on.
Interesting article. I think being a value investor with holding period of forever is the best damn job in the world. Unfortunately, there isn’t a lot of places where the capital is stable enough (like an endowment) to practice it fully. Especially in this day and age, institutional imperative and all.
Trust, Ego, & Power lens. Some good tips in here. Though does anyone else think “Bob” is a dick? Head of the University too..