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Cliff Asness
While Sen. Chris Dodd’s financial reform bill is one giant 1,300 page tome, it’s so vague that almost any financial product known to man will come under its purview.
That’ll create the “largest and most powerful crony system in history,” Cliff Asness, comic book collector, and his AQR colleague Aaron Brown write in their latest Op-Ed in the WSJ. (FD: Asness gave $4,600 to Dodd’s campaign in 2007, but only $409 last year.) Continue reading »
“Give Me Strength,” Asness Begged Green Lantern. “Show Me The Way,” He Implored Captain America. “Stop The Ass-Bleeding,” He Cried out To Clark Kent
By Bess LevinDavid Einhorn favors stuffed animals. George Soros goes with the Pez dispensers. Jeffery Gundlach, his most prized dildos. What sort of good luck charms money managers keep in their office (along the windowsill or around their monitors but always within arm’s reach) might not seem that important but its these little garden gnome-type figures who watch over things, and who some of the most powerful investors in the world turn to when times get tough. Who helped Cliff Asness survive the quant meltdown of ’07 (and the mutual fund hiccups of the future)? The answer may not surprise you. From Scott Patterson’s The Quants:
Cliff Asness Is Running Out Of Adjectives With Which To Describe His Feelings Towards Obama’s Policies
By Bess Levin
Last year it was ‘unafraid‘ (in Greenwich), today it’s ‘appalled’ (also coming to live from Greenwich). So, just an FYI, he’s gonna need some help before his next paper. So work on that, and in the meantime, the AQR founder has some thoughts about Obama’s latest proposals. First off, they suck. Biff isn’t arguing that the banks don’t need to be fixed, they do. He just doesn’t like the way Barack and his friends are going about it. And it reminds him of a something he once saw, way back in the day, before AQR, before Goldman, before all of it. Back when he was working as a carhop at a place called Arnold’s.
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“Spotted ice-skating at the town rink in Greenwich on Sunday: Cliff-y Asness, huge and bearded, with a “team” sweatshirt with the formula “A = A” on the back. Spent more time in the warming room than on the ice, but hey. Sight of Mr. AQR teetering around on skates = priceless.”
