Cliff Asness is the Jose Mourinho of quant finance: past it, stuck angrily defending one way of looking at things, the fault’s always elsewhere and rooted in people not looking at it in terms of a particular investment methodology he asserts.
Not taking anything away from the content, I have such trouble reading light text on dark dark (black in this case) backgrounds! After a few lines, I have light/dark rows burned into my eyes. After a page, I give up.
“I’ll still wake up sweating once a year, worrying that we’ve just gotten lucky forever”<p>For good reason. It's amazing the amount of intelligence and effort that gets wasted in finance. (Other fields too of course.)