Weekend Reads - May 10, 2025

Antti Is (Still) Trying to Understand Return Expectations; Why Own Bonds?; Why Patience Matters During Market Stress; A Global Investment Partner Since 1973; A Quantum of Confusion; and more...

• Antti Is (Still) Trying to Understand Return Expectations (AQR)

• Why Own Bonds? (Wells Fargo)

• Why Patience Matters During Market Stress (Man)

• A Global Investment Partner Since 1973 (Cambridge Associates)

• A Quantum of Confusion (Acadian)

• Which Taxes Hurt? (Klement on Investing)

• Give Now, Not Later (Of Dollars and Data)

• Diverging Destinies in Corporate Japan (Verdad)

• Resilience (Eagle Point Capital)

• Rising Tiger, Falling Dragon: Theme Du Jour in EM Equity Investing (Acadian)

• Hedge Ratios (Party at the Moontower)

• Patience in Alts: Man Group Shows trend in Trend’s Initial Struggles (RCM Alternatives)

• Holy Grail and Trend-Following (Disciplined Systematic Global Macro Views)

• Jeffrey Gundlach and Jim Bianco Talk Tariff Turbulence (📺 Bianco Research)

• Buy the Dip? The Allure and Dangers of Contrarian Investing (📺 Aswath Damodaran)

• US Monetary Policy Uncertainty Spillover and the Role of Exchange Rate Regime by Kim et al. (SSRN)

• Breaking the Trend: How to Avoid Cherry-Picked Signals by Valeyre (arXiv)

• Auctions, Announcements, and Abnormal Returns by Krohn and Vala (SSRN)