Weekend Reads - May 31, 2025

Trend Following’s Tricky Tradeoffs; The Trading / Gambling Spectrum; Borrowing From Your Future Can Cost You Everything; The Portfolio Problem; The Price of Protection; and more...

• Walking the Tightrope: Trend Following’s Tricky Tradeoffs (Research Affiliates)

• The Trading / Gambling Spectrum (Epsilon Theory)

• Borrowing From Your Future Can Cost You Everything (Of Dollars And Data)

• The Portfolio Problem (Behavioral Investment)

• The Price of Protection: A Deep Dive into Tariffs (Meketa)

• Stock-Bond Correlation: What Drives It and How to Predict It (Relative Value Arbitrage)

• Buffer Madness (AQR)

• Portable Alpha Revival: A Solution to the Beta/Alpha Mismatch (Alliance Bernstein)

• Can I Build a Scalping Bot? A Blogpost with Numerous Double Digit SR (This Blog is Systematic)

• What If Everything You Believe About Markets Is Wrong? ft. Demetri Kofinas (🎧 Top Traders Unplugged)

• The Rally No One Trusts | What the Options Market Tells Us About What Comes Next (📺 Excess Returns)

• The Number Go Up Regime - And What Comes After It | Practical Lessons from Ben Hunt & Grant Williams (📺 Excess Returns)

• Beta Hedging (Quant Trading Rules)

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

• Factor Performance in India Across Economic and Market Cycles w/ Anish Teli (📺 LAQSA - Quant for India)

• Measuring Shortages since 1900 by Caldara et al. (Fed)

• Global Tactical Asset Allocation Updated Results and Real-Market Implementation Using Python and IBKR by Zarattini (SSRN)

• Simplified: A Closer Look at the Virtue of Complexity in Return Prediction by Buncic (SSRN)