Weekend Reads - Sep 16, 2023

The Intuition Behind The Black Scholes Equation; o Short-Term Factor Strategies Survive Transaction Costs?; Why Managed Futures Funds Are Ripe for Replication; and more...

• The Intuition Behind The Black Scholes Equation (Moontower Meta)

• Do Short-Term Factor Strategies Survive Transaction Costs? (Alpha Architect)

• Why Managed Futures Funds Are Ripe for Replication (Institutional Investor)

• Why There’s Never Been a Better Time to Be a Creator (Hunter Walk)

• A Hypothesis On Passive/systematic Portfolio Construction Impact On Theories Of Crowding Out (Michael Green)

• The NVIDIA/AI Singularity: Breakthrough, Bubble, or Both (Research Affiliates)

• The Real Yale Model (🎧 Capital Allocators)

• The Rasputin Effect: Global resilience to higher rates (J.P. Morgan)

• Thinking About The Yield Curve (term Spread) And The Equity Premium (Disciplined Systematic Global Macro Views)

• Secularism and Population Grwoth (Crémieux)

• Neelkanth Mishra on India's Next 30 Years (📺 SparX by Mukesh Bansal)

• Gerald Rushton - Commodity Strategies (Trend; Carry; Congestion; and Volatility Carry) (🎧 Flirting with Models)

• Will England - A Primer on Multi-Strategy Hedge Funds (🎧 Invest Like the Best with Patrick O'Shaughnessy)

• Unconventional Fiscal Policy in Times of High Inflation by Dao et al. (IMF Working Papers)

• Displaced by Big Data: Evidence from Active Fund Managers by Bonelli and Foucault (SSRN)