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Alpha in Academia

Hundreds of paid subscribers

A curated newsletter featuring recent academic papers on financial markets, economics, and quantitative finance.

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Substack
PricingFreemiumPublishesTwice weekly
Issues134Founded2 years agoLast Issue5 days ago
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Latest Issues

Recent Academic Research

Welcome back to another issue of Recent Academic Research!

Let’s get into it.


Gold's Hedge Is Cracking

Gold’s decades-old reputation as the market’s default safe haven quietly broke down after COVID, while unglamorous soft comm...

5 days ago
8

Recent Academic Research

Welcome back to another issue of Recent Academic Research!

Let’s get into it.


Finding a Private Company's Public Twin

Private credit has exploded into a multi-trillion dollar asset class, but there is a basic problem, many priv...

7 days ago
9

When Is the Crowd Wrong?

[WITH CODE] A 16-year test of the "Managed Money" positioning signal across silver, gold, and copper.

9 days ago
6
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Recent Academic Research

Welcome back to another issue of Recent Academic Research!

Let’s get into it.


Adverse Selection Eats the Spread

On a diverse basket of CME futures, the spread a market maker earns is almost perfectly cancelled out by the loss...

14 days ago
7

Can You Predict Which Way a Stock Will Move Tomorrow?

A simple nonparametric sign-prediction rule earns statistically significant directional accuracy above a drift-adjusted random walk benchmark in both small-cap and large-cap stocks.

16 days ago
5
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  • Alpha in Academia

    A curated newsletter featuring recent academic papers on financial markets, economics, and quantitative finance.

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