From time to time, I grab a book from a few years ago and browse through it. This time 'The New Paradigm for Financial Markets' of George Soros (2008) was the lucky one. Although the Alchemy of Finance is the standard book here, this little book also contains some nice wordings. As a side note: AQR … Continue reading Understanding the world we live in (the Soros version)
Tag: AQR
There is no cash on the sidelines
In this first brief writing I would like to refer to the top 10 peeves from Cliff Asness (AQR library). All ten are good ones, but I especially like 5c: Every time someone says, “There is a lot of cash on the sidelines,” a tiny part of my soul dies. There are no sidelines. Those saying … Continue reading There is no cash on the sidelines
Observing the market 