Books I am currently reading- Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets, Creative Cash Flow Reporting: Uncovering Sustainable Financial Performance, and The Rise and Fall of the Third Reich: A History of Nazi Germany (Yes I usually read 2-4 books at once, and I love history/politics in addition to investing/finance.)
I Am With Warren buffett On Gold(Very popular article I wrote)
What does value investing really mean? Q1 2021 hedge fund letters, conferences and more Some investors might argue value investing means buying stocks trading at a discount to net asset value or book value. This is the sort of value investing Benjamin Graham pioneered in the early 1920s and 1930s. Other investors might argue value Read More
John Paulson lowers long term Bank of America View (I predicted that Paulson was wrong about BAC last year- here is my article.)
U.S. Debt Is Child Abuse: Laurence Kotlikoff, Richard Munroe
Iraq War Documents Leak on Iran, Abuses Shows Security Progress Lacking
|Feds shut 7 banks in FL, GA, IL, KS; 138 bank failures this year…|
Health insurers turning to GOP after big win
Consuelo Mack Interview with Cliff Asness
Clifford S. Asness, Ph.D. is a Managing and Founding Principal of AQR Capital Management, LLC, and the author of Short Selling: Strategies, Risks, and Rewards
Prior to co-founding AQR Capital Management, Cliff was at Goldman, Sachs & Co. where he was a Managing Director and Director of Quantitative Research for the Asset Management Division. Cliff and his team at Goldman were responsible for building quantitative models to add value in global equity, fixed income and currency markets for Goldman clients and partners. Cliff has authored articles on many financial topics including multiple publications in the Journal of Portfolio Management and the Financial Analysts Journal. He has received the best paper award from the Journal of Portfolio Management twice (2001, 2003), a Graham and Dodd Excellence Award from the Financial Analysts Journal (2000), and the Graham and Dodd Award for the year’s best paper from the Financial Analysts Journal (2003) and best shorter perspectives piece (2004). Cliff was a visiting lecturer at Yale University’s School of Management where he co-taught a finance course, and has lectured periodically at the Massachusetts Institute of Technology and the Tuck School of Business at Dartmouth. He is on the editorial board of the Journal of Portfolio Management, the editorial board of the Financial Analysts Journal, and the governing board of the Courant Institute of Mathematical Finance at NYU. Cliff received a BS in Economics from the Wharton School and a BS in Engineering from the Moore School of Electrical Engineering, both graduating summa cum laude, at the University of Pennsylvania. He received an MBA with high honors and a Ph.D. in Finance from the University of Chicago.
On this week’s Consuelo Mack WealthTrack, “Great Investor” Cliff Asness runs one of the world’s largest hedge funds but he’s taking his skills and strategies to Main Street with a series of new mutual funds. He explains the tools AQR Capital Management is creating to help individual investors truly diversify.