AQR Capital’s Cliff Asness sits down for a lengthy interview with Forbes. Cliff Asness is one of the most famous quant hedge fund managers. Asness in this video dislikes the current Keynesian economics, and believes the fiscal cliff is not as big of an event as many people believe. Asness has kind words for hedge fund manager, Marc Lasry, despite their disagreement over politics. He discusses the Shiller PE and why its a good proxy for market valuations and future market returns. He talks about the hedge fund industry and some of the crazy fees being charged by investment firms. Asness discusses a variety of topic in this interview, which lasts about 30 minutes. The two videos are embedded below.