Cliff Asness is the Founder, Managing Principal and Chief Investment Officer at AQR Capital Management. Prior to co-founding AQR Capital Management, he was a Managing Director and Director of Quantitative Research for the Asset Management Division of Goldman, Sachs & Co. Cliff joins the show to discuss FTX, AMC , why hedge funds aren’t hedging, the role of index funds and a whole lot more. Important Links:

Show Notes:

Cliff’s take on FTX and crypto
The AMC saga
HODL and the MOASS
Finding the right media format for substantive investment conversations
Thoughts on the value spread
“We don’t want a world where markets are perfect”
Hedge funds aren’t hedging
The role of index funds
Never override a model
“Study statistics and stick to your principles”

Books Mentioned:

What Works on Wall Street: A Guide to the Best-Performing Investment Strategies of All Time; by Jim O’Shaughnessy

Cliff Asness — FTX, Hedge Funds and the Value Spread (EP.142) 01:03:28 Share

Infinite Loops

Shownotes Transcript

Cliff Asness — FTX, Hedge Funds and the Value Spread (EP.142)