Weekend Reads - Jan 18, 2025

Minimum Levels of Stress; There are Idiots: Seven Pillars of Market Bubbles; What Are You Buying When You Buy The S&P 500?; Financial Contagion - It is Has Not Gone Away; and more...

• Minimum Levels of Stress (Collaborative Fund)

• There are Idiots: Seven Pillars of Market Bubbles (Acadian)

• What Are You Buying When You Buy The S&P 500? (Eagle Point Capital)

• Financial Contagion - It is Has Not Gone Away (Disciplined Systematic Global Macro Views)

• Can Carbon Capture Work? (Klement on Investing)

• How to Select and Combine Trading Approaches (Optimal Momentum)

• The Discounted Cash Flow Dilemma (Enterprising Investor)

• 2024 in Factors (Verdad)

• From AQR Quant to Founder & CIO with Brian Hurst (🎧 Masters in Business)

• Better by Design: Why Human Choices Matter for Return Predictions via Machine Learning (Robeco)

• Beyond the Magnificent 7 (Sparkline Capital)

• The Art of Selling | Kuntal Shah (📺 CFA Society India)

• Be (A Little Bit) Fearful When Others Are Greedy? (📺 CFA Society India)

• The Rate of Return on Everything, 1870–2015 by Jorda et al. (FRBSF)

• Firm-Specific versus Systematic Momentum by Schmid et al. (SSRN)

• Scope Similarity and Cross-Firm Return Predictability by Jin and Li (SSRN)

• AI-Powered (Finance) Scholarship by Novy-Marx and Velikov (SSRN)

• Bond Valuation Dispersion and ETF Creation by Huang et al. (SSRN)