Weekend Reads - Apr 05, 2025

Turning Tides in Emerging Markets; Beautiful vs. Practical Advice; On Inflation and Stock Returns; Ferguson’s Law: Debt Service, Military Spending, and the Fiscal Limits of Power; and more...

• Turning Tides in Emerging Markets (GQG Partners)

• Beautiful vs. Practical Advice (Collaborative Fund)

• On Inflation and Stock Returns (Outcast Beta)

• Ferguson’s Law: Debt Service, Military Spending, and the Fiscal Limits of Power (Hoover Institution)

• Anti-Dividend Investing: Yield Matters—But Not How You Think! (Alpha Architect)

• When Trend-Following Hits Capacity (Quantica Capital)

• What is Quant? (5th Horizon Research)

• How Not to Invest (Of Dollars and Data)

• Portable Alpha - a Useful Tool, but Questions (Disciplined Systematic Global Macro Views)

• Navigating Turbulence (Verdad)

• Surfing Volatility (Party at the Moontower)

• Optimizing Portfolios: Simple vs. Sophisticated Allocation Strategies (Relative Value Arbitrage)

• A Four-Stack Pod, talking stacking assets with Return Stacked ETFs (🎧 The Derivative)

• A Technical Analysis Masterclass with Sherman McClellan (📺 Foundation for the Study of Cycles)

• Sequence of Returns Risk (📺 Ben Felix)

• Nocturnal Trading by Eaton et al. (SSRN)

• Subjective Expectations for Variance and Skewness: Evidence from Analyst Forecasts by Chen et al. (SSRN)

• The Phillips Curve during the Pandemic: Bringing Regional Data to Bear by Higgins (SSRN)