Cliff Asness on Equity Investing, Taxes and AI

Cliff Asness, AQR Capital Management founder and CIO, gives his take on value and small-cap stocks, US tax policy and artificial intelligence on "Bloomberg Open Interest."
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[@borisVladimir2]

Nobody is asking the right questions I've tried investing in various things that didn't work out as I hoped. Now, I'm looking at ETFs as a more reliable option. What are the best 5 ETFs for a beginner looking to invest a lump sum?

[@davidng2699]

VOO

[@Zach_______]

VOO, QQQ, or VTI. The most stable ETF of all time no one recommends with high returns is SCHD.

[@jackwpetrov]

In no order: 1) VOO 2) QQQM 3) SCHG/VUG 4) VTI 5) SCHD/DGRO. Personally I put down 1.2m$ on few ETFs, still diversifying. it was this time last year I made my first break through with a liquid 370k. Handed it to a trader here in TX, I get weekly pay out which I put back on long term ETF's. Tesla will be a huge buy for me when the market bottoms.

[@borisVladimir2]

Thank you so much guys, I already added VOO and QQQM, can you share this Pro with me jack please?.

[@jackwpetrov]

Yeah, Jennifer Kristie Taylor use her name to look her up.

[@ianchrist4892]

Definitely agree with Cliffs view on AI

[@ianchrist4892]

I like the way Cliff thinks

[@KatelynnCox-qb5er]

I didn't even know what a Roth IRA was back then. All I did was save a little here and there, but nothing serious. Looking back, it was such a missed opportunity

[@HaroldSimmons-mf3ep]

I actually did set one up in my late 20s, and honestly, it's been a game-changer. The tax-free growth is huge. But the real key was having a solid plan for it. You can't just throw money in and expect magic

[@1968Rking]

What concentration? 156 of the 500 companies in the S&P 500 index are up more than 30% ytd.

[@garrettjohnson7546]

His fund is underperforming other market neutral funds and they invite him on as a guest. Wow.

[@simrans3675]

How else is he going to market :-)?

[@ianchrist4892]

In quantitative trading, it doesn't matter much which asset you buy; what matters is your portfolio management strategy and your trading strategy. Matt knows qt better

[@christiancoronado]

Buy the index, ignore him

[@wisdoma4860]

Hes using other investors money not his, he sure hyping BTC ,

[@BlackSwanCapitalist]

You guys are so behind and you're asking the wrong questions. Any investors with billions of dollars need to find new advisors and sources of information.

[@sanesanyo]

Calling Germany socialist is a bit of a strech 😂😂.

[@Zach_______]

I don't buy into much of his analysis. Here's the plain simple truth: The current market is overpriced and overextended. Look for a Christmas rally followed by a 10-20% correction in January.