Weekend Reads - Sep 09, 2023
How Much Skill A Concentrated Stock Picker Needs To Beat A Diversified Benchmark?; Credit, Distress, Default & The Long Term; What Are Dreams For?; How to Do Great Work; and more...
How Much Skill A Concentrated Stock Picker Needs To Beat A Diversified Benchmark? (Outcast Beta)
Credit, Distress, Default & The Long Term (Verus)
What Are Dreams For? (The New Yorker)
How to Do Great Work (Paul Graham)
The Illusion of Control (More To That)
Positive Skew Can Hurt Returns (Price Action Lab Blog)
How Bonds Can Outperform Stocks Long Term (Optimal Momentum)
Dissecting the Investment Factor (Alpha Architect)
European Equities - More Bang for Your Buck (Verdad)
Never Look Down the Road Not Taken (Of Dollars and Data)
Why Note-taking Apps Don’t Make Us Smarter (The Verge)
Numbers and Narrative - Aswath Damodaran (📺 CFA Society New Zealand)
Testing “TrendYCMacro” from Ďurian and Vojtko of Quantpedia (Allocate Smartly)
Andrew Ng: Opportunities in AI - 2023 (📺 Stanford Online)
The Road to Composable Data Systems: Thoughts on the Last 15 Years and the Future (Wes McKinney)
Copula for Statistical Arbitrage: A C-Vine Copula Trading Strategy (Hudson and Thames)
Measuring Systemic Financial Stress And Its Risks For Growth by Chavleishvili and Kremer (SSRN)
The Real Return of Mutual Fund Investors by Gao et al. (SSRN)