This just arrived. Looks like a great read.

Three great books.

Six great books on trading, investing, and portfolio management.

Stocks that have sold off during the day are shown to reverse during the last 30 minutes of trading, largely attributed to increased retail dip buying and reduced selling pressure by short sellers towards the end of the day.

Read paper here: papers.ssrn.com/sol3/papers....

Using detailed data on German retail market makers, this paper finds that "...retail market making is extremely profitable, with an average (gross) Sharpe ratio of 17.85..."

Read paper here: papers.ssrn.com/sol3/papers....

Alpha males, having a high facial width-to-height ratio, generate less alpha.

They:
1) Strongly underperform narrow-faced managers.
2) Are more susceptible to investor biases,
3) Are better marketers and excel at raising capital, -> more management fees.

Read here: papers.ssrn.com/sol3/papers....