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2min chapter
Cliff Asness on Quant Value Investing
Masters in Business
I'm a Quant and My Wife Is a Behaviorist
"You don't get the full glory of the upside without suffering through the out of favor downside," he says. "What we all want, which we'll never get, is a world where there are opportunities ... and they're not available to us." He adds that most people can't roll with no errors because there's nothing to do. 'After barrier cliff puts the position on 11 minutes later, the market realizes we were right and hands us our money'
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