“The harder something is to do, the more plausible it is that not enough people do it to make it go away.”
Why Cliff is the canonical The Arbitrageur
Co-founder of AQR Capital Management, Asness brought academic factor investing — value, momentum, carry — into mainstream systematic trading. His work on why market inefficiencies persist (and are even growing) is a rigorous, public account of how a disciplined arbitrageur captures an edge others can't stomach.
The The Arbitrageur optimizes price differentials and cost structures between markets. See the role on the 23-role map →
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