Evidence receipt / evaluation
Published · transcript-backedCliff Asness: evaluation
18 Nov 2015 Conversations with Tyler Cliff Asness on Comics and Why Never to Share a Gym with Cirque du Soleil (Live at Mason)
“I’ve talked about a few of them, but on average I think people try too hard to beat the market and pay too much for it.”
Source trail
Everything needed to verify it.
- Speaker
- Cliff Asness
- Attribution
- Verified speaker
- Claim type
- evaluation
- Recorded
- 18 Nov 2015
- Publisher
- Conversations with Tyler
Transcript context
…Other people’s. I can’t be fired, so I will go overrated. Active management I think is overrated. I believe certain things can win. I’ve talked about a few of them, but on average I think people try too hard to beat the market and pay too much for it. I love if people listen to me. I believe in what I’m saying. But if you go spend your life listening to man named Jack Bogle, you won’t do terribly. Super practical question. You’re sitting in this room or listening on YouTube. Let’s say your income is two or three times the national median. So you can save some money, but you cannot operate investment at a significant scale. What’s the mistake those people are most likely to make, and what should they do to stop making it?…
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