Weekend Reads - Sep 13, 2025

American Unexceptionalism; A Trend Following Deep Dive: The Dynamics of Dispersion; The Next Frontier in Private Credit Secondaries; and more...

• American Unexceptionalism (GMO)

• A Trend Following Deep Dive: The Dynamics of Dispersion (Man)

• The Next Frontier in Private Credit Secondaries (Antares Capital)

• The Unstoppable Dollar Meets the Immovable Mr Trump (Ninety One)

• Do Simple Stock-Picking Formulas Still Work? (Morningstar)

• How Emotions Drive Stock Returns (Larry's Substack)

• What Not to Watch: Data Reliability and Market Sensitivity to Economic Surprises (GS)

• Implying the Cost of Carry in Options (Moontower)

• It’s time for investors to Get Off Zero. (Coinbase)

• What’s Wrong With the Indian Media? (📺 EiE)

• Why Wall Street Keeps Making The Same Mistake (📺 The Meb Faber Show)

• Are Religious Holidays Moving Gold Price? (📺 Quantpedia)

• Kristin Gilbertson - Risk, Resilience, and Returns (🎧 Value Investing with Legends)

• Tail Risk Hedging Using Option Signals and Bond ETFs (Relative Value Arbitrage)

• Model Complexity and the Performance of Global versus Regional Models by Chen et al. (SSRN)

• Levered Single-Stock ETFs by Bessembinder (SSRN)

• Venture Capital as Portfolios of Compound Options by Hillenbrand and Stafford (SSRN)

• Return Stacking and Portable Alpha, an Investor's Guide by Basnicki and Pickering (SSRN)