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?
