| This week’s episode of the Money Stuff podcast is out now, in which Katie and I sat down with Cliff Asness, the co-founder of AQR Capital Management. We discussed what AQR does, momentum trading, getting in trouble with meme-stock traders, quants as abstract Graham-and-Dodd investors, market timing, publishing findings versus trading on them, econ quants versus math quants, how good Renaissance Technologies is, behavioral versus risk explanations for factors, getting joy out of meme stocks, how much you should charge for alpha, getting yelled at by private equity managers, whether illiquidity is good or bad, charging alpha fees for beta, putting private assets into retail vehicles, and how he has come around to machine learning. Also we recorded video of this episode. You can watch the video here: Or listen to the audio at the usual place: You can get Money Stuff: The Podcast at Apple, Spotify or wherever you get your podcasts. We’d love your feedback. You can email us at moneypod@bloomberg.net. |
