Saturday, June 3, 2023

Bloomberg Wealth: Cliff Asness

Here is the link. 

AQR Founding Managing Principal and Chief Investment Officer Cliff Asness says he thinks equities could be a “scary place” in the event of a US recession. The legendary quant investor also takes a victory lap on “Bloomberg Wealth with David Rubenstein” after AQR’s bet on value finally paid off in 2022 after years of losing to growth stocks. This interview was recorded on April 24th in Greenwich, CT.

13:08/24:05

Process value investing, trend following quality investing, looking for positive carry, looking for good momentum

15:07 / 24:05

Warren buffet 

not very risky. Look for a decent price, 

  1. moats around it
  2. safety of the stock
  3. good things happening
Quants should explain ......

correlate with those factors:

value factor, the low risk factor and profitability 

Company makes a lot of money, aren't very risky, and then he looks for decent price...




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