Many investors consider market capitalization to be a central measure of risk. However, when one looks at an index qualitatively, as opposed to quantitatively, one may question the validity... Read More
Key highlights for February 2017:
2016 Hedge Fund Letters
Hedge funds were up 0.97% in February with year-to-date gains coming in at 1.87%. Investor subscriptions have picked up pace since... Read More
Barron's interview with Cliff Asness of AQR on a 60/40 stock/bond portfolio, future returns, alpha and more.
Also see Cliff Asness New Study on Returns of Quality Minus Junk Stocks
H/T The Reformed... Read More
Here’s a great excerpt from an interview that Howard Marks recently did with themarket.ch. During the interview Marks talks about the psychological aspects that make successful investors great saying,... Read More