Weekend Reads - Dec 28, 2024

When Tariffs Hit; How Big is the Equity Risk Premium?; How to Not Bankrupt Your Family; Forecasts - We Get It Wrong - A Year-End Reminder; Political Alignment and Outlook; and more...

• When Tariffs Hit: Stocks, Bonds, and Volatility (Enterprising Investor)

• How Big is the Equity Risk Premium? (Klement on Investing)

• How to Not Bankrupt Your Family (Latticework)

• Forecasts - We Get It Wrong - A Year-End Reminder (Disciplined Systematic Global Macro Views)

• Political Alignment and Outlook (Probably Overthinking It)

• Relax and Trust the Market Gods (Robot Wealth)

• Capitalization-Weighted Indexes, RAFI, “Smart Beta,” and Factors (Research Affiliates)

• Path, VIX, & Hit Rates vs Expectancy (Party at the Moontower)

• Front Running Commodity Seasonality (Allocate Smartly)

• PJ Sutherland - The Complementary Dynamics of Mean Reversion and Trend-Following Strategies (🎧 The Algorithmic Advantage)

• 12 Days of Trading Christmas w/ Meb Faber, Corey Hoffstein & Wes Gray (📺 ReSolve Asset Management)

• Aswath Damodaran, the Dean of Equity Valuation from the Stern School of Business (🎧 Bogleheads on Investing)

• Are You Not Entertained? (Michael Green)

• Kelly Betting With Discrete Stakes (Win Vector LLC)

• It's the End of Pretraining as We Know It (Understanding AI)

• A Historical Perspective on Factor Index Performance across Macroeconomic Cycles by Hao and Watts (S&P)

• Online Investor Sentiment via Machine Learning by Cai and Chen (EconPapers)

• Factor Momentum versus Price Momentum: Insights from International Markets by Cakici (ScienceDirect)