Weekend Reads - Jan 20, 2024

Are Stock Returns Predictable at Different Points in Time?; Risk Depends On The Resolution; The Four 4S behind the Compelling Opportunity in Japan Equities; Fads and Second Acts; and more...

• Are Stock Returns Predictable at Different Points in Time? (Alpha Architect)

• Risk Depends On The Resolution (Party at the Moontower)

• The Four 4S behind the Compelling Opportunity in Japan Equities (GMO)

• Fads and Second Acts (Investment Talk)

• Duration of U.S. Equities (Finominal)

• Costly Shorts (Verdad)

• Pragmatic Asset Allocation Model for Semi-Active Investors (Quantpedia)

• Why Do US Stocks Outperform EM and EAFE Regions? (Quantpedia)

• Yield Curve, Banking Risk and Recessions (📺 Research Affiliates)

• AI and Everything Else - Benedict Evans (📺 Slush)

• Bilal Hafeez on 2023 Surprises, Getting AI Right, and Best TV of 2023 (🎧 Macro Hive Conversations With Bilal Hafeez)

• Alpha Exchange 5 Year Anniversary Podcast, Part I (🎧 Alpha Exchange)

• How to Think (🎧 Deep Questions with Cal Newport)

• The Kelly Criterion in the Presence of Uncertainty about Risk (Outcast Beta)

• A Deep Dive into Volatility Targeting (Return Sources)

• Sparse Index Tracking: Limiting the Number of Assets in an Index Tracking Portfolio (Portfolio Optimizer)

• Implied Volatility (also) is Path-Dependent by Andrès et al. (arXiv)

• Timing the Tide: The Impact of Rebalancing Periods in Momentum Investing in Indian Equities by Raju (SSRN)