2min chapter

Michael Covel's Trend Following cover image

Ep. 1192: Scott Patterson Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

CHAPTER

Taliban and Cliff: The Two Heavyweights Punching Each Other

AQR is a very academic oriented hedge fund. They write papers about various strategies. CalPERS, the big California pension fund, had invested in the universe. Nissim upset that CalPERS had made this decision and partly justified it on this AQR paper which CalPERS is very critical of. Two heavyweights punching each other. Had fun, tight and Twitter battle where they both early went after each other in the book.

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