Howard Marks – The Calculus of Value (OakTree)

Cliff Asness – There Ain’t No Such Thing as a Free Lunch (AQR)

Bloomberg Wealth: Lee Ainslie (Rubenstein)

Oakmark Fund’s Bill Nygren discusses the markets and his picks (CNBC)

OakTree – Still Special? (OakTree)

Some Bad News and Some Good News (Carson)

Structured Credit: A Better Margin of Safety When Spreads are Tight (GMO)

The Surprising Truth About Dividend Growth Stocks (Morningstar)

‘AI Spending Is Eating The US Economy’ (Jesse Felder)

Making sense of why stocks rally as the economy gets worse (TKer)

‘Can Anything Stop The Stock Market?’ (Jesse Felder)

Un-Exceptional US Stock Market Earnings? (Elm)

The Attention Economy and Young People (Scott Galloway)

American Companies Are Buying Their Own Stocks at a Record Pace (WSJ)

Panic season (Acadian)

MiB: Tim Ferriss on The Productivity Mindset (MiB)

Pabrai Wagons Fund 2025 Q2 (Pabrai)

Miller Value Partners: Mid-2025 Market Perspective (Miller)

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This week’s best value investing news:

Contrarian investing: Buying shares of the unloved, unwanted, and underpriced (Britannica)

Bill Nygren’s Case for Value Investing in a Top-Heavy Market (AM)

One Way To View Value Investing In A Resilient But Cautious Economy (SA)

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This week’s Fear & Greed Index:

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This week’s best investing podcasts:

The Calculus of Value (Howard Marks)

Sol Price: The Retail Legend Who Taught Bezos & Walmart Their Secret Playbook [Outliers] (KP)

64% Never Escape Level Four | Nick Maggiulli on Climbing the Wealth Ladder (ER)

Ep 468. Regulated to Unleashed: Finding Inflections in Deregulation (FC)

Peter Lacaillade – Backing The Best Managers In Private Markets (ILTB)

Market Volatility: Investors Are Seeking Safety in Gold ETFs. Is It Working? (Morningstar)

#477 – Keyu Jin: China’s Economy, Tariffs, Trade, Trump, Communism & Capitalism (Lex)

Investing Against the Tide by Anthony Bolton (MCC)

Stuart Loren – Navigating the Age of Social Disruption (Brewster)

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This week’s Buffett Indicator:

Overvalued

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This week’s best investing research:

The End of Easy (AllAboutAlpha)

Hindsight and Survivorship Biases in Managed Futures (Larry Swedroe)

Machine Learning and the Portfolio Construction Imperative (CFA)

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This week’s best investing tweet:

This week’s best investing graphic:

Visualizing Apple’s Q3 2025 Revenue (Visual Capitalist)