Expected returns
- What is the best way to forecast long term expected returns? (alphaarchitect.com)
- A survey of equity risk premium estimates. (klementoninvesting.substack.com)
- How to think about older financial markets data. (blogs.cfainstitute.org)
Active management
- There is no magic bullet when it comes to identifying superior actively managed funds. (morningstar.com)
- Angel investing returns are highly skewed. (papers.ssrn.com)
- Why retail traders underperform. (klementoninvesting.substack.com)
Incentives
- The downsides of working for a family-owned firm. (papers.ssrn.com)
- The assessed value of the homes of tax assessors are notably below those of their neighbors. (papers.ssrn.com)
- Why CEOs like Zuck and Bezos are fawning over Trump – rent seeking pays off. (marginalrevolution.com)
Gender
- How portfolio managers tilt toward companies associated with their gender. (papers.ssrn.com)
- When couples relocate for work, gender norms dominate. (nber.org)
Economics
- There is a bear market in academic economist jobs. (x.com)
- How Paul Krugman changed how we talk about economics. (noahpinion.blog)
Research
- The big growth stocks are increasingly a market unto themselves. (acadian-asset.com)
- Factors are not set in stone. The world changes. (klementoninvesting.substack.com)
- How to model the performance of pod shops. (mailchi.mp)
- FX hedging is not a set-it-and-forget-it exercise. (papers.ssrn.com)
- Blackrock ($BLK) on sizing a Bitcoin position. (blackrock.com)
- How AI agents could take over parts of the investment management stack. (institutionalinvestor.com)
