4 ms·
There's a solid piece about this from Clifford Asness over at AQR https://www.aqr.com/Insights/Perspectives/Virtue-is-its-Own-Reward-Or-One-Mans-Ceiling-is-Anot
by arawde 7y ago
There's a solid piece about this from Clifford Asness over at AQR https://www.aqr.com/Insights/Perspectives/Virtue-is-its-Own-Reward-Or-One-Mans-Ceiling-is-Another-Mans-Floor https://www.aqr.com/Insights/Perspectives/Virtue-is-its-Own-...
- floki999 7y agoI don't disagree with his thought experiement/model. Quite ironic though. Only five years ago I doubt Cliff would have invested time in thinking about this (I did work for him). The fact that AQR is paying attention and feels the need to express themselves on the topic speaks volumes.