Evidence receipt / belief
Published · transcript-backedTyler Cowen: belief
18 Nov 2015 Conversations with Tyler Cliff Asness on Comics and Why Never to Share a Gym with Cirque du Soleil (Live at Mason)
“Cliff, when I think of your work, the very first word which comes to my mind is momentum.”
Source trail
Everything needed to verify it.
- Speaker
- Tyler Cowen
- Attribution
- Verified speaker
- Claim type
- belief
- Recorded
- 18 Nov 2015
- Publisher
- Conversations with Tyler
Transcript context
…Cliff is one of the most influential figures in global finance. He has a PhD from the University of Chicago, he studied there with Gene Fama. And he is a founder and principal of AQR Capital Management in Connecticut. Cliff, when I think of your work, the very first word which comes to my mind is momentum. Could you first give us just the super short version of what a momentum trading strategy is? Sure. A momentum investing strategy is the rather insane proposition that you can buy a portfolio of what’s been going up for the last 6 to 12 months, sell a portfolio of what’s been going down for the last 6 to 12 months, and you beat the market. Unfortunately for sanity, that seems to be true.…
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