Weekend Reads - Apr 19, 2025

Trends Exist at Almost All Time Scales; How Bubbles Grow; Should Hedge Funds Hedge?: Why Some Alts Should Have a Beta of 1.0; Rising Toxicity and the Threat to Capitalism and Life Itself; and more...

• Trends Exist at Almost All Time Scales (Disciplined Systematic Global Macro Views)

• We’re Still Dancing: How Bubbles Grow (Acadian)

• Should Hedge Funds Hedge?: Why Some Alts Should Have a Beta of 1.0 (Research Affiliates)

• Rising Toxicity and the Threat to Capitalism and Life Itself (GMO)

• Real Assets, Inflation & Portfolio Performance (PGIM)

• Evaluating the Impacts of Illiquidity on Portfolios Allocating to Private Assets (Fidelity)

• Informational Edge (Quant Trading Rules)

• Walking Forward Optimal Strategy Combinations (Allocate Smartly)

• Reflexive Markets, Real-Time Risk: The Dawn of the 0DTE Era ft. Mike Green (🎧 Top Traders Unplugged)

• Trends, Tall Heads, and Transformations with Transtrend’s Harold de Boer (🎧 The Derivative)

• Take This Test: How Well Do You Understand Rebalancing? (Robert's Substack)

• The Most Controversial Paper in Finance (📺 Ben Felix)

• Building Trading Strategies that Work with Walk Forward Analysis (📺 The Algorithmic Advantage)

• Breaking Down Volatility: Diffusive vs. Jump Components (Relative Value Arbitrage)

• Resampled Portfolio Stacking (Quantamental Investing)

• Forecasting U.S. Equity Market Volatility with Attention and Sentiment to the Economy by Halousková and Lyócsa (arXiv)

• Political Uncertainty-Managed Portfolios by Lehnert (MDPI)

• Tariffs and Consumer Prices: Insights from Newly Matched Consumption-Trade Micro Data by Baslandze et al. (SSRN)