Big tech is transforming every aspect of our world. But how, and at what cost? This season of Land of the Giants – The Disney Dilemma – focuses on Disney’s ability to weather the ups and downs of the business cycle and changing tastes and explores what has kept it successful for over 100 years. The entertainment giant has leveraged nostalgia and its intellectual property to build a beloved brand, but after an acquisition spree that included Marvel, Lucasfilm, and 20th Century Fox, can it sus ...
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The Less-Efficient Market Hypothesis | October 2024 Round Up
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Manage episode 444041059 series 2431123
Content provided by Alpha Architect. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Alpha Architect or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Submit your questions! Email: [email protected] For more educational resources, check out the Alpha Architect blog.www.alphaarchitect.com/subscribe Follow us on X: Wes Gray, PhD: x.com/alphaarchitect Jack Vogel, PhD: x.com/jvogs02 Ryan Kirlin: x.com/RyanPKirlin Jose Ordoñez Jr: x.com/JOrdonezJr Welcome to the Alpha Architect Round Up. Every month the Alpha Architect crew gets together and talks financial trends and news with an evidence-based outlook. This month we talk about the AQR's Cliff Asness's new paper "The Less-Efficient Market Hypothesis" and review his claims regarding the market becoming less efficient over the past 30 years, valuation spreads as an indication of inefficiency, speeds vs. accuracy of markets, indexing, low interest rates and social media contagion. Additionally, we answer questions on tactical asset allocation, permanent tail hedging and equity contracts in managed futures. 0:00 - Intro/ 2k Subs! 1:58 - Valuation Spreads & Market Efficiency 7:29 - Speed vs. Accuracy 20:26 - Indexing & Efficiency 24:22 - Low Interest Rates & Efficiency 30:35 - Social Media & Efficiency 39:56 - Tactical Asset Allocation 44:54 - Permanent Tail Hedging 48:05 - Equity Contracts in Managed Futures 51:21 - Outro Sources:Asness, Cliff S., The Less-Efficient Market Hypothesis (August 30, 2024). 50th Anniversary Issue of The Journal of Portfolio Management, Forthcoming. Disclosures: alphaarchitect.com/disclosures.
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65 episodes
MP3•Episode home
Manage episode 444041059 series 2431123
Content provided by Alpha Architect. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Alpha Architect or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Submit your questions! Email: [email protected] For more educational resources, check out the Alpha Architect blog.www.alphaarchitect.com/subscribe Follow us on X: Wes Gray, PhD: x.com/alphaarchitect Jack Vogel, PhD: x.com/jvogs02 Ryan Kirlin: x.com/RyanPKirlin Jose Ordoñez Jr: x.com/JOrdonezJr Welcome to the Alpha Architect Round Up. Every month the Alpha Architect crew gets together and talks financial trends and news with an evidence-based outlook. This month we talk about the AQR's Cliff Asness's new paper "The Less-Efficient Market Hypothesis" and review his claims regarding the market becoming less efficient over the past 30 years, valuation spreads as an indication of inefficiency, speeds vs. accuracy of markets, indexing, low interest rates and social media contagion. Additionally, we answer questions on tactical asset allocation, permanent tail hedging and equity contracts in managed futures. 0:00 - Intro/ 2k Subs! 1:58 - Valuation Spreads & Market Efficiency 7:29 - Speed vs. Accuracy 20:26 - Indexing & Efficiency 24:22 - Low Interest Rates & Efficiency 30:35 - Social Media & Efficiency 39:56 - Tactical Asset Allocation 44:54 - Permanent Tail Hedging 48:05 - Equity Contracts in Managed Futures 51:21 - Outro Sources:Asness, Cliff S., The Less-Efficient Market Hypothesis (August 30, 2024). 50th Anniversary Issue of The Journal of Portfolio Management, Forthcoming. Disclosures: alphaarchitect.com/disclosures.
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