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Forwarded from Pavel Komarovskiy
Остроумный пост от Клиффа Аснесса с прогнозом рынков на следующие 10 лет в стиле «пре-мортем»: https://www.aqr.com/Insights/Perspectives/2035-An-Allocator-Looks-Back-Over-the-Last-10-Years
Aqr
2035: An Allocator Looks Back Over the Last 10 Years
<p>Well, sitting here in the year 2035 and looking back at our endowment’s returns for the last decade is not a pleasant task. World markets have been subpar and our performance relative to world markets has been simply terrible. Hard times are never pleasant.…
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