#413 – Antti Ilmanen, AQR – Investing Amid Low Expected Returns: Making the Most When Markets Offer the Least

<p>Today’s guest is <a href= "https://www.aqr.com/About-Us/OurFirm/Antti-Ilmanen"><strong>Antti Ilmanen</strong></a>, Principal and Global Co-head of the Portfolio Solutions Group at AQR Capital Management and author of <a href= "https://amzn.to/3k6mKxL"><strong>Investing Amid Low Expected Returns: Making the Most When Markets Offer the Least</strong></a>.</p> <p>In today’s episode, Antti provides a blueprint for investors as decades of tailwinds are turning into headwinds. He highlights timeless investment practices and what the empirical evidence says about things major asset class premia, illiquidity premia and style premia. He shares his thoughts on home country bias, the value / growth spread today, and what he thinks about diversifiers like trend following.</p> <p>One theme throughout the episode is Antti’s advice to endorse humility in tactical forecasting and through diversification.</p> <p>-----</p> <p>Follow Meb on <a href= "https://twitter.com/MebFaber"><strong>Twitter</strong></a><strong>, <a href= "https://www.linkedin.com/in/mebanefaber/">LinkedIn</a></strong> and <a href= "https://www.youtube.com/channel/UCKvWzzrVUA_DSCoKXL6GU2w?sub_confirmation=1"> <strong>YouTube</strong></a></p> <p>For detailed show notes, click <a href= "https://mebfaber.com/2022/05/09/e413-antti-ilmanen/"><strong>here</strong></a></p> <p>To learn more about our funds and follow us, subscribe to our <strong><a href= "https://us1.list-manage.com/subscribe?u=6750faf5c6091bc898da154ff&id=7249739cdb">mailing list</a> </strong>or visit us at <a href= "http://www.cambriainvestments.com/"><strong>cambriainvestments.com</strong></a></p> <p>-----</p> <p>Interested in <strong>sponsoring</strong> the show? Email us at <a href= "mailto:Feedback@TheMebFaberShow.com"><strong>Feedback@TheMebFaberShow.com</strong></a></p> <p>-----</p> <p>Past guests include <a href= "https://mebfaber.com/2017/02/08/10017/"><strong>Ed Thorp</strong></a><strong>, </strong><a href= "https://mebfaber.com/2021/08/04/e337-richard-thaler/"><strong>Richard Thaler</str