If policymakers could understand one thing better about financial markets, what would it be and why? I'd want them to understand that any form of near certainty without certainty is the most dangerous time humanly possible. When you tell the world there's risk in something, and then bad things happen, it's not fun. But they tend to deal with it much better than we do.
Tyler and investment strategist Cliff Asness discuss momentum and value investing strategies, disagreeing with Eugene Fama, Marvel vs. DC, the inscrutability of risk, high frequency trading, the economics of Ayn Rand, bubble logic, and why never to share a gym with Cirque du Soleil.
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