Bonds
- Shorting low quality credit is not the same as shorting equities. (mailchi.mp)
- What does the VIX tell us about corporate bond spreads? (mrzepczynski.blogspot.com)
- Bond and equity ETF liquidity is different. (papers.ssrn.com)
Private credit
- Is private credit in a bubble? (alphaarchitect.com)
- Why publicly traded vehicles for private credit don’t work as well. (morningstar.com)
Behavior
- This is a better way to do a crowdfunding campaign. (marginalrevolution.com)
- What is ‘quantification fixation’? (bloomberg.com)
- Some evidence on the ‘motherhood penalty.’ (reason.com)
Research
- Morningstar is revamping its fund rating (star) system. (riabiz.com)
- Analysts are pretty much useless forecasting the long term. (mailchi.mp)
- Asset growth as a factor. (alphaarchitect.com)
- Fees matter. So does their frequency. (klementoninvesting.substack.com)
- How do stop-loss orders affect risk and returns? (mrzepczynski.blogspot.com)
- Why IRRs can be misleading. (blogs.cfainstitute.org)
