S3 Ep. 7 Bubbles, Quants and Value

Investment Uncut

This week’s guest is Rob Arnott, quant researcher and founder of Research Affiliates. We discuss the principles of fundamental indexing, the definition of bubbles and anti-bubbles, the future of value investing, what quant researchers tend to get wrong, and the right questions to ask of any backtest. We put some big questions to Rob including: has factor investing been oversold, can passive investing get too big and what should you really ask your active manager?