I don’t agree withe everything that Cliff Asness, managing & founding principal of the hedge fund AQR Capital Management, says, but you cannot argue with his deep mathematical understanding of markets.

Last year, Asness wrote a provocative piece in the WSJ about what’s holding the economy back, arguing that “Uncertainty is Not the Problem.” Asness wrote:

“Many commentators blame our continuing economic woes on ‘uncertainty.’ They allege that recent and anticipated dramatic policy changes make business planning difficult, and that this is retarding growth and employment. This view is not wrong—but our main problem is not the uncertainty surrounding new policies. It is the policies.”

Here’s a recent video from AEI’s World Forum:

Category: Video

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

5 Responses to “Cliff Asness, AQR Capital Management Interview”

  1. johnhaskell says:

    And the only actual policy that he could name was Dodd Frank. so the 2008-present economic downturn was caused by Dodd Frank. That is literally insane.

  2. VennData says:

    …who is demonizing success Aness?

    …what DF policy has caused a small business to not sell more Asness?

    …what “class warfare” battle hurt you, Asness?

    So fill us in how you’re going to keep the safety net but rein in entitlements? Tell us how that works.

  3. gman says:

    cutting the top dividend tax rate from 80% down to 15% is not “class warfare” but raising it back to 25% at time of record inequity is like taking the elite to the guillotine in the French Revolution.

  4. gman says:

    The market has fncking doubled under Obama…AEI gives him hope? WTF planet is he on. Dow 36k ..The Iraq war. ” Hyperinflation/Debt threat bond crater in US” call since 2008. Blaming FNM and FRE for the housing crisis. I’m sure I’m missing many AEI turds.

    No additional post crisis regs in the financial crisis?..Is that what he wants?

  5. gman says:

    Asness has performance that is like many in the Hedge Fund industry. Have some good years when the fund is small. Ramp up AUM, under preform massively once the fund is large. Net destroyer of investor value…don’t worry about Cliff though ..he will be fine.