Weekend Reads - Nov 11, 2023

Byron Wien’s 20 Life Lessons; Technology Spillover Impacts Stock Returns; A Rule of Thumb for Terminal Valuation Multiples; Improving Trend With Mean Reversion; and more...

• Byron Wien’s 20 Life Lessons (Blackstone)

• Technology Spillover Impacts Stock Returns (Alpha Architect)

• On Learning The Right Lessons (Clark Square Capital's Ultimate Value)

• A Rule of Thumb for Terminal Valuation Multiples (Verdad)

• Improving Trend With Mean Reversion (Return Sources)

• It Never Gets Easier (Of Dollars and Data)

• The Direction Of The Moat (Eagle Point Capital)

• The Road Ahead: It's Not You, It's Me (Man Institute)

• Fireside Chat Stan Druckenmiller and Paul Tudor Jones (📺 Heller House)

• Sentiment Analysis Revisited (Enterprising Investor)

• A Masterclass in Absolute vs Cross Sectional Momentum ft. Richard Brennan (🎧 Top Traders Unplugged)

• How to Succeed at Failing, Part 3: Grit vs. Quit (🎧 Freakonomics Radio)

• Trend Following Asset Allocations with Jon Robinson of Blueprint (🎧 The Derivative)

• Decreasing Returns of Machine Learning Strategies (Quantpedia)

• Calibrating Volatility Smiles With SABR (PQN)

• Global Macro and Managed Futures Hedge Fund Strategies: Portfolio Differentiators? by Sullivan and Wey (SSRN)

• Volatility Disagreement and Equilibrium Volatility Trading by Atmaz and Buffa (SSRN)

• Structured Retail Products: Risk-Sharing or Risk-Creation? by Bitu et al. (SSRN)