Weekend Reads - May 24, 2025

Factor Investing - The 3 P's Framework; The Half Life of Empire; From Trade Wars to Wildfires; What Should You Do When You Don't Know What to Do?; and more...

• Factor Investing - The 3 P's Framework (Disciplined Systematic Global Macro Views)

• The Half Life of Empire (Economics from the Top Down)

• From Trade Wars to Wildfires (Meketa)

• What Should You Do When You Don't Know What to Do? (Man)

• Widening the Lens: Revisiting the Case for Non-U.S. Stocks (Janus Henderson)

• The Fundamentals of Infrastructure Secondaries (Stepstone)

• Bitcoin: The Kardashian of Money (Acadian)

• Roll It like a Trend Follower (Methods to the Madness)

• Reinventing Corporate Capital (KKR)

• Europe: Opportunity in Fragmentation (Davidson Kempner)

• Got Diversification? (Verdad)

• Why Data Mining Risks Your Trading Career (Robot Wealth)

• The Half Life of Empire (Economics from the Top Down)

• The Retail Rally Trap (📺 Excess Returns)

• Inside the Gerber Statistic with Sander Gerber of Hudson Bay Capital (Masters in Business)

• Trade War Crisis or Correction: Managed Futures and Crisis Alpha in 2025 by Kaminski and Zhao (Alpha Simplex)

• Bond Factor Momentum and Its Predictability for Stock Returns by Keshavarz and Sirmans (SSRN)

• Robust Optimization of Strategic and Tactical Asset Allocation for Multi-Asset Portfolios by Sepp et al. (SSRN)