2min chapter

Masters in Business cover image

Cliff Asness on Quant Value Investing

Masters in Business

CHAPTER

How to Create a Diversifying Stream of Returns

AQR founder says low beta returns are about the same or almost the same as high beta. But by going long, low beta and shorting a smaller amount of high beta, you're eliminating that correlation. "You can create a very diversifying stream of returns," he says.

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