Cliff Asness Could Use Some New Investment Ideas

By Bess Levin

He’s got 100-large for whoever delivers AQR the right stuff.

AQR Capital Management LLC established a $100,000 annual prize competition for academic papers in finance that “have the most significant practical implication for investors,” according to a statement by the investment management firm. The competition for the prize, called the AQR Insight Award, “seeks unpublished papers that study investment in liquid assets for both tax-exempt institutional and taxable investor portfolios,” the statement said. “Areas of focus include asset allocation, security selection, portfolio implementation, and risk management.”

“Given the huge burden of future financial obligations, it’s important to have leading thinkers in analytical finance and economics focus their intelligence on methods to enhance investment performance,” David G. Kabiller, AQR founding principal and head of client strategies, said in the statement. “The AQR Insight Award has been launched in recognition of the need to promote academic research that illuminates the drivers of successful investing and that can be applied to real-world portfolios.”

AQR Offers Prize For Research On Liquid Assets [P&I]

Comments (18)

  1. 1
    Posted by pazzo83 | October 3, 2011 at 5:06 PM

    Cliff, you should check out ZeroHedge, they have some great stuff there.

    - Matt Levine

  2. 2
    Posted by whatever | October 3, 2011 at 5:10 PM

    100 grand in exchange for your right to make multiples of that from the research…..seems reasonable.

  3. 3
    Posted by early_hominid | October 3, 2011 at 5:12 PM

    Does it have to be academic? Because I've got a lot of ideas about enhancing short-term investment performance plus I've got some down time coming up.

    – Kweku

  4. 4
    Posted by Guest | October 3, 2011 at 5:12 PM

    Dude's got hand lotion and tissues on his desk and stacks upon stacks of vintage porn behind him. Having a reporter take a picture of you in your jerk station and not giving a fuck is definitely the NKI.

  5. 5
    Posted by MeVC | October 3, 2011 at 5:15 PM

    How about investing in another "s" for his last name..

  6. 6
    Posted by Guest | October 3, 2011 at 5:16 PM

    Perhaps Matt can submit one of his Dealbreaker pieces?

    And if he wins the prize, have one humdinger of a party at DB HQ.

  7. 7
    Posted by I'm a Dude | October 3, 2011 at 5:20 PM

    god knows he includes enough charts to make the paper "academic"

  8. 8
    Posted by HFguy | October 3, 2011 at 5:28 PM

    Awesome. Now where did I file that alpha strategy of mine. And having seen AQRs recent performance, I can see where they are coming from.

  9. 9
    Posted by TOF | October 3, 2011 at 5:30 PM

    His 10 large is 10 short.

    Moisturizer + box of tissues on desk while soliciting trading talent = the NKI

  10. 10
    Posted by Just Saying | October 3, 2011 at 5:52 PM

    if you zoom in… you can see the tip of his wiener in between his pinky and ring finger…

  11. 11
    Posted by guest | October 3, 2011 at 5:58 PM

    Just submitted my first draft. Finally, a way to a make a few dollars from the big house.

    -Bernie Madoff

  12. 12
    Posted by Barry Badrinath | October 3, 2011 at 6:24 PM

    Cliff,

    I know you got me on speed dial. Let's talk about a great investment opportunity in LightSquared.

    P. Falcone.

  13. 13
    Posted by Not Impressed | October 3, 2011 at 6:25 PM

    I've noticed that SSO regularly outperforms the S&P Index on up days.

  14. 14
    Posted by Zoroz | October 3, 2011 at 6:37 PM

    Skimming hundreds of ideas for $100k in lieu of hiring a $300k++ quant is the NKI. Well done, Clifford.

  15. 15
    Posted by Just Saying | October 3, 2011 at 8:05 PM

    vintage porn = The Village Voice

  16. 16
    Posted by LD_ | October 3, 2011 at 9:27 PM

    Cliff, call me. I could try typing out my idea but it wouldn't make any sense

    - nails

  17. 17
    Posted by BlipBlop | October 4, 2011 at 12:11 AM

    How about investing in a Bloomberg terminal for your desk there.
    -M. Bloomberg

  18. 18
    Posted by Backdoor_Bess | October 4, 2011 at 10:55 AM

    Simple…go short LightSquared.

    Please make check payable to Wilbur the Pig.

    Thanks.

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