Transcript
Introduction
Patrick
My guest this week is Cliff Asness the Managing and Founding Principal at AQR Capital Management. 20 years after its founding in 1998, AQR Manages $226 billion across a number of quantitatively based investing strategies. Cliff was an original quant researcher and he has long been one of the financial writers and thinkers that I look to for education and inspiration. I distinctly remember reading one paper in particular, Value and Momentum Everywhere somewhat early in my career and thinking, "This is the kind of research I want to do forever." You can always tell when talking to Cliff or hearing him speak that he just loves researching the markets. There's a deep intellectual honesty in his work and a respect for thinkers at different ends of the market spectrum, from Gene Fama to Ken French to Jack Bogle to Dick Thaler and Robert Shiller.
Our conversation is about all things quant, past, present, and future. Cliff touches on many of the big issues facing quant investing today and tells some great stories along the way. I hope you enjoy our conversation. Let's dive in.