Weekend Reads - Feb 08, 2025

Navigating Private Credit’s Next Act; Macro Across Monetary Regimes; Founder Ownership Report; Imbalance Sheet: Supply, Demand, and S&P 500 Financing; and more...

• Navigating Private Credit’s Next Act (Neuberger Berman)

• Macro Across Monetary Regimes (Graham Capital Management)

• Founder Ownership Report (Carta)

• Imbalance Sheet: Supply, Demand, and S&P 500 Financing (D. E. Shaw)

• Bargain, Value Trap or Something in Between? (GMO)

• The Predictive Power of Dividend Yield in Equity Markets (Relative Value Arbitrage)

• Practical Lessons from Cliff Asness (📺 Excess Returns)

• Unravelling the Mysteries of Modern Monetary Theory with Warren Mosler (📺 ReSolve Asset Management)

• Thao Tran – Market Making Illiquid, Non-Fungible Assets (🎧 Flirting with Models)

• Labour and Growth (Mainly Macro)

• Do You Need to Own International Stocks? (Of Dollars and Data)

• Can Monetary Policies Inflate a Stock Market Bubble? (Klement on Investing)

• The Anatomy of a GP Stakes Fund: An Investment for All Seasons (Blue Owl)

• 2023 – 2025E: How Big Is The Secondary Market for Venture Capital? (Industry Ventures)

• The Short Case for Nvidia Stock (Jeffrey Emanuel)

• Watching the FedWatch by Bonini et al. (SSRN)

• Does Trend-Following Still Work on Stocks? by Zarattini et al. (SSRN)

• An Investigation into the Causes of Stock Market Return Deviations from Real Earnings Yields by Murphy et al. (SSRN)