#54 - Cliff Asness: Quant Investing, Market Inefficiency

Cliff Asness, the founder and CIO of AQR Capital Management, shares his journey from academia to leading quantitative investment strategies. He discusses the paradox of increasing market inefficiencies amidst advanced tech and behavioral influences. Emotional biases and their impact on investment decisions are explored, particularly in turbulent times. Asness also highlights the merits of trend following as a diversification strategy and critiques traditional risk measures, emphasizing the need for self-awareness in investment choices.