This Week’s Best Investing Reads 7/5/2019

Here’s a list of this week’s best investing reads:

The Earnings Mirage: Why Corporate Profits are Overstated and What It Means for Investors (OSAM)

The Best Ten Years Ever (The Irrelevant Investor)

On The Benefits of Being Average (A Wealth of Common Sense)

Quant Cassandra (Cliff Asness)

We the Corrupt (Safal Niveshak)

Fama vs Shiller: Are markets efficient or not? (The Reformed Broker)

Analyzing a Company’s Ability to Generate Free Cash Flow (Wall Street Transcript)

Are There Still Winners in a Maturing Real Estate Cycle? (OakTree)

Why Things Break: Easy Causes of Business and Investing Failure (Collaborative Fund)

Guide to the Markets Q3 2019 (JPMorgan)

SQ Advisors, LLC no longer holds investment discretion over 13F securities (sec.gov)

Value Isn’t Dead……It’s Misunderstood & Oversimplified (ValuePlays)

Why Isn’t CAPM Being Retired? (Institutional Investor)

Use Your Edge (MicroCapClub)

Living life as an Optimist …Learning The Art of Disappointment (Howard Lindzon)

What You Can Learn From My 50% Loss (Behavioral Value Investor)

What Killed (Wounded?) The Value Factor? (The Capital Spectator)

The Deal Hidden in Your 401(k) (Jason Zweig)

Financial Astrology, From Manure to Markets (A Teachable Moment)

The Sacrilegious Diaries: The Benefits of Turnover (Albert Bridge Capital)

Emotions and Decision Making: Five Steps to Improve Your Process (CFA Institute)

Bottle of Lies (Barel Karsan)

Portfolio Appendectomy (bps and pieces)

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This week’s best investing research reads:

Debunking myths about stock buybacks (Alpha Architect)

The P/E Ratio: A User’s Manual (Epoch)

Worst Weakness Since Last Recession (UPFINA)

A Quality Decade for International Equities (WisdomTree)

Age Matters (papers.ssrn)

Value and the Credit Spread (Flirting with Models)

When “Bonds” Aren’t Bonds (Pragmatic Capitalism)

Liquidity serves. Liquidity manipulates. Liquidity dominates. Just follow the liquidity without care. (Mark Rzepczynski)

Recovery or Recession? Ask the Stock Market Stupid! (Advisor Perspective)

Factor Olympics 1H 2019 (FactorResearch)

Understanding The Inverted Yield Curve (Betterment)

Availability-Misweighing Tendency (The Rational Walk)

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This week’s best investing podcasts:

A Single Push-Up (Animal Spirits)

Christopher Davis – Investing with Curiosity (Value Investing With legends)

Episode #163: Albert Meyer, “You’re Held In Higher Regard When You Don’t Dilute Shareholders” (Meb Faber)

TIP249: The Intrinsic Value of Facebook w/ John Huber (The Investors Podcast)

Bill Gurley – All Things Business and Investing – EP.137 (Invest Like the Best)

Benn Eifert – Volatility Investing (S2E2) (Flirting with Models)

Flirting With Models Season 2, Episode 1: Daniel Grioli (Market Fox)

When Good Intentions Go Bad: My Interview with Social Psychologist Jonathan Haidt – Ep. #61 (The Knowledge Project)

Ep 131: The (Nearly) $1B Solo Advisor: Scaling Up Client Focus By Outsourcing Everything Else, with Dan Goldie (FASuccess)

Gautam Baid – The Joys of Compounding (5GQ)

Eric Kaufmann on Immigration, Identity, and the Limits of Individualism (Conversations With Tyler)