Welcome back to another deep dive! In this episode, we explore market anomalies with insights from the classic study 'Dissecting Anomalies' by financial legends Fama and French. We break down the surprising patterns in stock returns that challenge traditional models, discussing size, value, profitability, accruals, momentum, and more. Why do small companies often see higher returns? Why do firms issuing new stock tend to underperform? And what about the momentum effect, where winning stocks keep winning?