Where to Find Alpha: Anti “Risk Parity” Strategies (2015-2017+)

By Long Short Trader [dalio] HESIS: Anti “Risk Parity” Strategies will be a major source of alpha generation from Q4 2015 – 2017 (if not beyond). I recommend that investors with allocation to Risk parity strategies pull out ASAP. I am not , and I have no interest in rigorously justifying my thesis. Rather, I will tease you with some hints/considerations/questions: Why is Ray Dalio making more media appearances than even Warren Buffett? Arguably, Cliff Asness too, though his/AQR’s appearances seem a bit more measured. Both seem highly defensive of risk parity. Why? If you’re in a position of strength, why be defensive? Does not…