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Cliff Asness on Comics and Why Never to Share a Gym with Cirque du Soleil (Live at Mason)
Conversations with Tyler
Risk Adjusted, What Are You Really Getting?
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Risk adjusted strategy may appear to have a high return, but what are you really getting? When I read all this as an outsider, I conclude we don't know anything about risk. Co-skuness at least makes sense to me as a real risk factor. What that means is not only do very bad things happen more often than you would imagine,. They happen while other very bad things, largely the market crashing for instance.
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