This week’s best investing news:
Howard Marks: How I Mastered the Markets (Master Investor)
Jim Chanos – Credit Markets Are Partying ‘Like It’s 1999,’ (Bloomberg)
Bill Ackman: I wish we had a better relationship with China (CNBC)
The Challenge of Diversification (Verdad)
Ken Fisher – What Really Causes Inflation? (Fisher)
Jamie Dimon issues warning on credit risks (Fox)
Pzena Investment Management Large Cap Value Q3 2025 Commentary (Pzena)
When Should You Sell a Stock? (Carlson)
A Simulacrum of Language (Havenstein)
Anthony Scilipoti: The Hidden Risks Behind the AI Boom (Farnam Street)
Searching For Meaning In Gold’s Scorching Rally (Felder)
The average S&P 500 stock has been spending less time in the index (TKer)
Happy birthday, bull market (Callie)
China Has Overtaken America (Krugman)
the thing about conviction (Contessa)
RealTime Bubble Checklist (Ritholz)
MiB: Henry Ward, Carta Chief Executive Officer (MiB)
How To Sell a Winner (BC)
Pabrai Funds Q3 2025 Letter (Pabrai)
Greenlight Capital Q3 2025 Letter (GC)
Patient Capital Management Q3 2025 Portfolio Recap (PC)
Pzena Investment Management Small Cap Value Q3 2025 Commentary
Weitz Investment Management Q3 2025 Commentary (Weitz)
This week’s best value investing news:
Pzena Investment Management Global Value Q3 2025 Commentary (Pzena)
Miller Value Partners: Low Valuation and Smaller Caps – A Timely Opportunity (Miller)
Causeway International Value Q3 2025 Webcast (Causeway)
This week’s Fear & Greed Index:
This week’s best investing podcasts:
Goldman Sachs CEO David Solomon & Pershing Square’s Bill Ackman 10/21/25 (SP)
The 4% That Drive All Returns | Larry Swedroe on What You’re Getting Wrong About the S&P 500 (ER)
Jim Clayton: Turning Competitors’ Mistakes Into $1.7B (KP)
Carl Richards – Rewiring Your Financial Mindset in the Age of Comparison | #602 (Meb)
Muni Bonds Are Making a Comeback With Higher Income and Better Finances (WT)
My Article in The Wall Street Journal – Ep 266 (Vitaliy)
Morgan Housel – The Art of Spending Money (EP.466) (CA)
Building Ramp (ILTB)
The Longest ‘Late Cycle’ in Market History with Liz Thomas (RR)
This week’s Buffett Indicator:
Strongly Overvalued
This week’s best investing research:
Can Machine Learning Predict Factor Returns? (AlphaArchitect)
From Hedge to Test Case: Gold’s Volatility and the Limits of Safety (CFA)
Gold Monthly Seasonality and an Unusual Development (PAL)
This week’s best investing tweet:
This chart shows the relative performance of the S&P 600 Small Cap Index ($SML) versus the S&P 500 Large Cap Index ($SPX) from 1995 to 2025.
The red line shows the ratio of SML to SPX — essentially how small caps perform relative to large caps.
When the line rises, small caps… pic.twitter.com/ultmEdG4Qv
— Tobias Carlisle (@Greenbackd) October 23, 2025
This week’s best investing graphic:
Ranked: The World’s Largest Economies in 2026 (Visual Capitalist)
For all the latest news and podcasts, join our free newsletter here.
Don’t forget to check out our FREE Large Cap 1000 – Stock Screener, here at The Acquirer’s Multiple:
