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Top 5 of 2024: #3: Cliff Asness - EP.385

Capital Allocators – Inside the Institutional Investment Industry

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The Paradox of Pod Shops and Investment Strategies

This chapter explores the evolution of pod shops in the investment sector, examining their success strategies and the challenges they face in managing investor expectations. It questions the sustainability of their growth amidst the finite nature of high-performing traders and true alpha.

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