AQR Co-founder Cliff Asness on Bloomberg Wealth with David Rubenstein

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David Rubenstein

David Rubenstein

Жыл бұрын

AQR Founding Managing Principal and Chief Investment Officer Cliff Asness says he thinks equities could be a “scary place” in the event of a US recession. The legendary quant investor also takes a victory lap on “Bloomberg Wealth with David Rubenstein” after AQR’s bet on value finally paid off in 2022 after years of losing to growth stocks. This interview was recorded on April 24th in Greenwich, CT.
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Пікірлер: 102
@susannnico
@susannnico Жыл бұрын
This is financial advice and I never give financial advice: DONT LEAVE DURING THE BEAR. If you don’t want to invest…learn. If you don’t want to learn…build. If you don’t want to build observe. DO SOMETHING…other than leave. There is so much opportunity here. Take advantage!
@lailaalfaddil7389
@lailaalfaddil7389 Жыл бұрын
Just because there are opportunities in the market doesn’t mean you should go in blindly. To understand the potential factors that contribute to your financial growth, I'll advise you to seek the help of a professional.
@AddilynTuffin
@AddilynTuffin Жыл бұрын
Instead of trying to predict whether or not we’re going into more recession and keep losing your money, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every quarter according to Bloomberg.
@ericmendels
@ericmendels Жыл бұрын
That’s crazy, I’m just doing everything wrong with my portfolio
@albacus2400BC
@albacus2400BC Жыл бұрын
TBH same here man, 25% of my portfolio is in the red and I really don’t know how long I can stomach the losses. I’m beginning to reach a breaking point.
@kaylawood9053
@kaylawood9053 Жыл бұрын
I do feel your pain mate, I’d suggest you look into passive index fund investing and learn some more. For me,I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets,Up 200k so far and pretty sure I'm ready for whatever comes
@kaylawood9053
@kaylawood9053 Жыл бұрын
I am being guided by “Sharon Louise Count” who I found on a CNBC interview where she was featured and reached out to her. She has since provided entry and exit points on the securities I focus on. You can look her up online if you care supervision.
@johnlennon232
@johnlennon232 Жыл бұрын
According to certain economists, it's possible that the U.S. and certain parts of Europe might experience a recession at some point in 2023. Although a global recession, which is characterized by a decline in annual global per capita income, is relatively uncommon due to the faster growth rates of emerging markets like China, in comparison to developed economies. I have pulled out more than $340k from my bank. After all, the FDIC covers only up to $250,000, and the implosion could have bad effect. Looking to invest into the stock market now. Does anyone know how I could go about it?
@alexyoung3126
@alexyoung3126 Жыл бұрын
Currently, my primary worry is how to increase revenue during periods of quantitative easing. I cannot afford to witness my savings dwindle away.
@joesphcu8975
@joesphcu8975 Жыл бұрын
It's a delicate season now, so you can do little or nothing on your own. Hence I’ll suggest you get yourself a financial expert that can provide you with valuable financial information and assistance.
@lawerencemiller9720
@lawerencemiller9720 Жыл бұрын
How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings, IRA and 401k accounts.
@joesphcu8975
@joesphcu8975 Жыл бұрын
My financial advisor, "HELENE CLAIRE JOHNSON", is a highly qualified and experienced professional in the financial market. She possesses a broad understanding of portfolio diversification and is recognized as an expert in this field.
@lawerencemiller9720
@lawerencemiller9720 Жыл бұрын
Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.
@Philokally
@Philokally Жыл бұрын
1) Show AQR's return vs IVE (value index), SPY, and QQQ, for the last 20, 10, 5, 3 years 2) Having confirmed AQR's underperformance vs the market 3) Ask the only interesting question: Why/how do large investors derive "value" by investing in a strategy that only outperforms the market under exceedingly rare conditions? 4) State that actual historical returns in fact continue to confirm the efficient market hypothesis: it's all but impossible to beat the market _consistently_ (year-in, year-out); ergo by far the best investment strategy for the average investor (most rational, data-proven, virtually free per unit of time required to manage; and approved by both Bogle & Buffett) is simply to buy a low-cost index (S&P or Total Global for lower risk tolerance; QQQ for higher): _set it & forget it_ -- best of luck everyone....
@christopherhobb7702
@christopherhobb7702 Жыл бұрын
When you invest, you're buying a day you don't have to work
@popsarah7805
@popsarah7805 Жыл бұрын
Assets that can make you rich Bitcoin Stocks Real estate
@christianajoe8563
@christianajoe8563 Жыл бұрын
You're right Sir, it's obvious a lot of people remain poor due to ignorance, it's better to take risks and make sacrifices than to remain poor
@andersonwhiteman751
@andersonwhiteman751 Жыл бұрын
It's not ignorance but due to some unprofessional broker in the market
@leahmolly9150
@leahmolly9150 Жыл бұрын
Bitcoin is the most profitable investment online of only you trade with the help of a professional expert
@lindapoplin7150
@lindapoplin7150 Жыл бұрын
I'm from Spain i have been an investor in the crypto market for over 2 years now
@fuzzmeister
@fuzzmeister Жыл бұрын
Fabulous closing “stop looking at the screen…..you’ll be a much happier person”. It takes years to un-train habits of a lifetime, even if it is potentially more profitable via the suppression of anxiety and the augmenting of the daily median state of mental health 😊. Thankyou for a great interview!
@bonniek3985
@bonniek3985 Жыл бұрын
In my opinion, David, this was one of your better interviews. Thanks!
@arigutman
@arigutman 11 ай бұрын
Cannot get enough of these interviews, so many insights... Thank you for production!
@AM-uc4yd
@AM-uc4yd Жыл бұрын
great interview as always.
@yonayehezkel3150
@yonayehezkel3150 Жыл бұрын
Whom Can We Trust If No One Is Trustworthy? One of my favorite quips from Mark Twain’s The Adventures of Tom Sawyer is when Tom is defined as “a glittering hero…the pet of the old, the envy of the young,” and there were “some that believed that he would be President, yet, if he escaped hanging.” With these few words, Twain captured the essence of leadership in our world. Those who get to the top are the fiercest, most determined, and most ruthless. Today, the latter quality has become so intense that we can no longer believe our leaders, and certainly not trust them to have our best interest in mind. I am not accusing any leader in particular, or even leaders as a whole. It is simply that in an egoistic world, where people vie to topple one another on their way to the top, the one at the top is clearly the one who trampled over and knocked down more people than anyone else. Concisely, to get to the top in an egoistic world you have to be the biggest egoist. So how do we know whom to trust? We don’t know and we cannot know. All we know is that we are in the dark. In a culture of unhinged selfishness, any conspiracy theory seems reasonable, while truth is nowhere to be found. When every person who says or writes something is trying to promote some hidden agenda, you have no way of knowing who is right, what really happened, or if anything happened at all. The only way to get some clarity in the news and goodwill from our leaders is to say “Enough!” to our current system and build something entirely independent. The guiding principle of such a system should be “information only,” no commentary. Commentary means that information has already been skewed. Information means saying only what happened, as much as possible, not why, and not who is to blame and who we should praise. Concurrently, we must begin a comprehensive process of self-teaching. We have to know not only what is happening, but why we skew and distort everything. In other words, we have to know about human nature and how it inherently presents matters according to its own subjective view, which caters to one’s own interest. To “clear” ourselves from that deformity, we must learn how to rise above our personal interest and develop an equally favorable attitude toward others. This is our only guarantee that our interpretation of things will be even and correct. Once we achieve such an attitude, we will discover that the bad things we see in our world reflect our own, internal wickedness. Our ill-will toward others creates a world where ill-will governs, and so the world is filled with wickedness and cruelty. Therefore, all we need in order to create positive leadership-and to generally eliminate ill-will from the world-is to generate goodwill within us. When we nurture goodwill toward others, we will fill the world with goodwill. As a result, the world will fill with kindness and compassion. By changing ourselves, we will create a world that is opposite from the world we have created through our desires to govern, patronize, and often destroy other people.
@janiprime
@janiprime Жыл бұрын
I love the Intro Music!
@paazbra
@paazbra Жыл бұрын
good advice in the end
@AMAPHIRISTUD-oq1wu
@AMAPHIRISTUD-oq1wu Жыл бұрын
This man is awesomely interesting
@hernandezwright
@hernandezwright Жыл бұрын
*
@davidspencer7268
@davidspencer7268 Жыл бұрын
Quite impressive but HOW!!?😊 I know it's possible, my colleague at work always get 40K every week, I would appreciate if you show me how to go about it.
@victoriadelao5513
@victoriadelao5513 Жыл бұрын
Oh please, how can someone get to speak with Mary Margaret Schimweg!!?
@hernandezwright
@hernandezwright Жыл бұрын
@@victoriadelao5513 she will guide you👇👇
@hernandezwright
@hernandezwright Жыл бұрын
+1
@hernandezwright
@hernandezwright Жыл бұрын
‪81528
@solomonw5665
@solomonw5665 Жыл бұрын
Refreshing to hear, someone lead with" I'm not an economics expert, this is my biggest concern."
@vitumbikomkandawire1366
@vitumbikomkandawire1366 Жыл бұрын
Very funny bubbly man that Cliff
@slovokia
@slovokia Жыл бұрын
Whats missing from this discuusion is the difference between investing in a fully taxable account versus a tax deferred account. While active strategies might work in a tax deferred account, its much harder for them to do so after taxes in a fully taxable account.
@jojenmodel
@jojenmodel Жыл бұрын
nice
@travis10466ny
@travis10466ny 11 ай бұрын
how every episode 24 minutes?
@bleacherz7503
@bleacherz7503 Жыл бұрын
If you are 60+, a 30% drawdown requires a 50% gain to get you back to even in 5 years - Most will never see their capital again after the next pull back
@CatalinaMontes-hu5dl
@CatalinaMontes-hu5dl 3 ай бұрын
Buenas noches quiero más información de la plataforma aqr me puedes apoyar
@loladelawoyin5728
@loladelawoyin5728 Жыл бұрын
Who else thought the name was a typo whem they first saw the thumbnail?
@Stoneface_
@Stoneface_ Жыл бұрын
Asness=Assness😂😂
@anderbeau
@anderbeau 10 ай бұрын
And I thought my last name was bad 😂
@kristenjersey7250
@kristenjersey7250 Жыл бұрын
Interesting he's wearing a tie ... not sure what to make of that?
@user-ru2jl4lz9v
@user-ru2jl4lz9v Жыл бұрын
There are 3 hangbooks, bookmarks, transfers.
@gugubuthelezi4002
@gugubuthelezi4002 3 ай бұрын
Everyone who invests thinks for the future and not now.
@user-ru2jl4lz9v
@user-ru2jl4lz9v Жыл бұрын
Thai land, oh lee, right now, with this e-money.
@Stoneface_
@Stoneface_ Жыл бұрын
His fund, AQR capital management has massively underperformed the market over the last 5, 10, and 15 years. It's just last year where his fund did really well yet he's getting paid hundreds of millions of dollars in "performance" fees😂😂
@valdomero738
@valdomero738 Жыл бұрын
QE was just Socialism for the rich. They are allowed to fail.
@moketeratlabala1824
@moketeratlabala1824 Жыл бұрын
AQR is not Renaissance Technologies or Berkshire Hathaway, everyone in the investment world sucks except those two. If I had connections to raise money, trust me I would do it in a heartbeat.
@stillakzo
@stillakzo Жыл бұрын
What were the returns of AQR last year? 40+% net of fees?
@gjd424
@gjd424 Жыл бұрын
Let me fix the title: “washington swamp interviews wolf of Wall Street”! 😅
@user-wr4yl7tx3w
@user-wr4yl7tx3w Жыл бұрын
Well he does have to beat his watermark of past losses before receiving performance.
@user-ru2jl4lz9v
@user-ru2jl4lz9v Жыл бұрын
Man Thailand transfer haplady chem hack has a striped facebook
@de1738
@de1738 Жыл бұрын
🤔🎉
@Hollowsmith418
@Hollowsmith418 Жыл бұрын
Life is an off-putting and fascinating experience when you stand back and look at it. I'm glad to be here with you. Working with a financial advisor may truly set you up for life success. I'm delighted I was able to contact my coach, Joseph Sullivan Anderson, early this year since, while others were whining about the downturn, I was busy cashing out from my portfolio, finally earning more than $370,000 in only the first quarter.
@Madisynmueller
@Madisynmueller Жыл бұрын
Very true, I began investing prior to the pandemic and made a profit of around $750k that same year with no prior investing experience, essentially all I was doing was seeking guidance from my coach Joseph Sullivan Anderson, who's a guru in the game, you can be passively involved with the help of a professional.
@leonardo54465
@leonardo54465 Жыл бұрын
I truly value your suggestions. Your coach was easy to find online. Before we planned our phonecall, I conducted some research on him. His online résumé gives the impression that he is competent.
@FlorianWerfel324
@FlorianWerfel324 Жыл бұрын
I had to research him to find out more.I sent him a message after visiting his website and anticipate getting a reply from him shortly.
@allisonmarkson324
@allisonmarkson324 Жыл бұрын
Joseph Sullivan Anderson has transformed my life; he is fantastic, and ever since I met him, my life has taken a positive turn due to the passive income generated by his expertiseand ideas, which are vital for winning against all odds in this area of online business. has helped us pay off debt and save for retirement.
@user-ru2jl4lz9v
@user-ru2jl4lz9v Жыл бұрын
No inohab
@armitageshanks2499
@armitageshanks2499 Жыл бұрын
Cliff highkey looks like Iron Monger
@user-ru2jl4lz9v
@user-ru2jl4lz9v Жыл бұрын
Now Face Me Die Me Habitash Gugel
@MrWhangdoodles
@MrWhangdoodles Жыл бұрын
That's a very weird name.
@user-ru2jl4lz9v
@user-ru2jl4lz9v Жыл бұрын
meno hapk kem kem for family die baby dannoman this fossil
@movies260
@movies260 Жыл бұрын
He is full of s...t. He really didn't say anything.
@zest6932
@zest6932 Жыл бұрын
Looks like a sponsored programme
@ghl19
@ghl19 Жыл бұрын
I don’t like him
@mikedc
@mikedc Жыл бұрын
Trump2024
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