The popularity of private equity investments has prompted asset managers such as Man Group and AQR to devise strategies that aim to replicate PE returns but at a much lower cost to investors ... “There’s a mix of excitement and cynicism,” Mr Asness said in an interview ... And be more diversified, so if any one fails you’re hurt but you’re not hurt that much,” Mr Asness said....
This year’s NHL Playoffs have a scintillating storyline as my adopted VegasGolden Knights, an expansion team playing its inaugural season, have defied both history and the odds to make it to the Stanley Cup Finals against the Washington Capitals... “First, coaches are not actually rewarded for winning,” the authors write “They are rewarded for being perceived as good coaches....
An interview with billionaire quantitative investor and co-founder of AQR Capital Management, CliffAsness. In this interview, Cliff discusses learning about and his views on free markets and quantitative investing. Cliff also talks about fighting Warren Buffett on Twitter and critiquing Obama. Get The Full Warren Buffett Series in PDF Get the entire 10-part series ... ....
On June 2, PBS is scheduled to begin broadcasting its reboot of the show, with Margaret Hooveras host ... When “The McLaughlin Group” premiered in 1982, it had seemed like a cartoonish version of “Firing Line,” not the kind of thing to gain traction as a real public affairs show ... CliffAsness, another billionaire, is a libertarian and was an outspoken opponent of Barack Obama....
Now there is a new candidate ...As the sums rise, so does the controversy ... But among investors such hostility is seen as a “derangement syndrome”, to quote CliffAsness, the boss of AQR,... ....
As the immigration debate hit another low last week, I received the news that my favorite immigrant died ... To get there, he signed on as a hand on a United Nations refugee ship ... He soon transferred to the University of Chicago, where he worked as a milkman while pursuing a joint bachelor’s-master’s degree under Nobel Prize–winning economist Milton Friedman ... So he returned to his vocation as a milkman....
When Howard Dean, as pure an example of a baby-boomer liberal as there is, seemed poised in 2003 to win his party’s presidential nomination, he recalled what it was like in 1969, the year he turned 21 (and I was born) ...As historian Steven Hayward notes in his book The Age of Reagan, in the first six months of 1969, “there were nearly a hundred bombings, attempted bombings, or acts of arson on college campuses.”....
(CNN)As national Republicans scramble their resources for a high-stakes midterm election year, some of the party's biggest and most reliable donors have quietly withheld their support for Senate and HouseRepublican groups out of frustration with the new tax law, CNN has learned ... Collectively, they have bristled at what they view as favored treatment for corporations under the law....
As a result, on any number of issues — most conspicuously abortion policy — the Court became more important than the presidency or Congress...Barack Obama was elected as a backlash against George W ... Since the beginning of the 20th century, progressives have repeatedly tried to invest as much power as possible in whatever branch of government they controlled at the moment....
The former mayor of New York City made his debut on Sean Hannity’s Fox News show last Wednesday as a “cleaner” of sorts, like The Wolf from Pulp Fiction, determined to tidy up the whole mess in a matter of weeks ...As a new member of President Trump’s legal team, Giuliani turned out to be more of a mix between Sonny Corleone and Inspector Clouseau, vowing to go to the mattresses but making the mess worse instead....
I have deep reservations about Chinese cultureas well ...China also practices ethnic discrimination that would be instantly recognizable as a kind of Jim Crow or apartheid if the majority Han Chinese were white and minorities such as the Uighurs were black ... — that began as quirky artifacts of English and Dutch culture ... Chinese social media and cultural commentators celebrated Daum’s decision as a compliment....