Investing in What?!

Might be my favorite academic paper of 2019…

Chart then download:
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Link

LEGO – THE TOY OF SMART INVESTORS

Website

https://www.bloomberg.com/news/articles/2019-01-17/lego-collecting-delivers-huge-and-uncorrelated-market-returns
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3291456

Good investing,
Meb Faber
theideafarm.com