A great conversation between Tyler Cowen and fund manager Cliff Asness, who has appeared many times on this blog. See, e.g., this 2004 post on his analysis of the well known Fed Model for equity valuation, also discussed in the interview.
Hedge-fund manager Cliff Asness, one of the most influential—and outspoken—financial thinkers, will join Tyler Cowen for a wide-ranging intellectual dialogue as part of the Conversations with Tyler series.
Asness is a founder, managing principal and chief investment officer at AQR Capital Management. In 2012, he was included in the 50 Most Influential list of Bloomberg Markets magazine. As an entrepreneur in the field of finance, Asness has helped shape the national conversation on financial markets and regulation.
He is an active researcher and has authored articles on a variety of financial topics for many publications, including The Journal of Portfolio Management, Financial Analysts Journal, and The Journal of Finance. Prior to cofounding AQR Capital Management, he was a managing director and director of quantitative research for the Asset Management Division of Goldman, Sachs & Co. He is on the editorial board of The Journal of Portfolio Management, the governing board of the Courant Institute of Mathematical Finance at NYU, the board of directors of the Q-Group and the board of the International Rescue Committee.