Jim O'Shaughnessy: Infinite Loops is a podcast about how we can reset our thinking on issues. Cliff Astness, founder of AQR Capital Management and one of the original gangsters of quant in the flesh will join Jim for this week's episode. The show aims to offer listeners a fresh perspective on a variety of issues by looking at them through a multifaceted lens including history, philosophy,. art, science, linguistics, and yes, also quantitative analysis.
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