This week: why newly classified growth stocks underperform so badly they double the value premium, how embedded credit risk can cut PE IRRs by 500+ bps, and whether management tone during earnings calls actually predicts future returns.

This week: a macro regime–aware framework that doubles returns, how to nearly double momentum’s Sharpe ratio by removing unpriced risk, and what 13F data still reveals about true manager skill.

Active managers’ edge has collapsed since 2010, but research shows where alpha still hides, from R&D intensity premiums to credit spread signals that lead equity.

A century of data shows innovation hype predicts lower returns, AI equities are quietly tied to private credit risk, and Fed surprises still drive tradeable post-announcement drifts.

New research shows how integrating portfolio optimization into model training boosts returns without raising volatility, why IRR often misleads, and when corporate hedging truly adds shareholder value.

New research exposes why most Information Ratio math overstates skill, how LLMs quietly inject behavioral bias into analysis, and when analyst disagreement actually signals downside.

Regulatory limits are creating alpha in mega-caps, pension plans are offloading quality PE at discounts, and new research redefines what yield curve inversions really mean.

New research shows why concentrated markets make mega-cap risk impossible to diversify, and how this hidden exposure creates real, unpriced alpha that traditional models fail to capture.

A new Sports Companies Index shows near-zero correlation with traditional assets—and adding it to a balanced portfolio more than doubles risk-adjusted returns.

New research exposes why Sharpe and correlation miss real risk, how bond funds create a one-week credit alpha window, and how cleaner, compliance-safe consumer data is reshaping edge discovery.

New research shows how to turn abstract macro risks—like GDP shocks or inflation—into tradable portfolios that actually move with the real economy.

New research proves only 3% of AIQ's risk is actually 'thematic.' Learn how to isolate true theme exposure using narrative data.

Harvard research shows low short interest and analyst euphoria often precede 40%+ crashes, while new data reveals hidden vulnerabilities in both gold and Bitcoin’s “safe haven” status.

Funds that minimize correlations among holdings outperform by 4% annually, and new evidence shows simple trend-following still beats complex “optimal” models in real markets.

A new WACC methodology reveals which companies are deploying capital most efficiently—while a diversification analysis exposes the hidden “concentrators” quietly amplifying your portfolio risk.

In this week’s report: Why US equities are more attractive than the Fed model indicates - equivalent PE of ~15x vs. observed PE >25x and The PIK Debt Paradox: evidence that weaker debt monitoring leads to fewer defaults.

The authors found that activist short reports with more sources have a bigger and more persistent negative impact on the underlying stocks.

In this week’s report: How “distant investments” reveal true fund skill & how to judge Sharpe ratios without fooling yourself.

From smarter factor timing to redefining growth, fresh research shows investors how to separate lasting structural premiums from fleeting revaluations.

Long-horizon ownership predicts excess returns—especially in stocks short-term managers avoid. Plus: using global news sentiment to forecast equity index moves across 14 markets.