Weekend Reads - Nov 16, 2024

Partisan Investing; Bloated Balance Sheets in Japan; Markets Becoming More Efficient: The Disappearing Index Effect; Can Machines Build Better Stock Portfolios?; and more...

• Partisan Investing (Sparkline Capital)

• Bloated Balance Sheets in Japan (Verdad)

• Markets Becoming More Efficient: The Disappearing Index Effect (Alpha Architect)

• Can Machines Build Better Stock Portfolios? (AQR)

• Trump Victory: Key Implications for Investors (Amundi)

• Smart People Cooperate (Klement on Investing)

• Long Thesis: American Superconductor (Citrini Research)

• War and Peace and Zipf’s Law (Probably Overthinking It)

• 2025 Long-Term Capital Market Assumptions (JPM)

• Trend-Following in High and Low Rate Regimes (Disciplined Systematic Global Macro Views)

• Is Buffett Bearish? (Eagle Point Capital)

• Verus 2025 Capital Market Assumptions (Verus)

• The Tyranny of IRR: A Reality Check on Private Market Returns (Enterprising Investor)

• How Could Machines Reach Human-Level Intelligence? (📺 Office of Global Engagement, IIT Madras)

• Lognormal Stochastic Volatility (📺 Artur Sepp)

• Expected EPS × Trailing P/E by Ben-David and Chinco (NBER)

• Leveraging the Low-Volatility Effect by van der Linden et al. (SSRN)

• Building Cross-Sectional Systematic Strategies By Learning to Rank by Poh et al. (arXiv)