between Warren Buffett and quantitative traders, and expects cheap stocks to outperform in the years ahead.Here are Asness' 8 best quotes, lightly edited for length and clarity:"We raised a billion dollars. And through diligence, hard work and some good calls, we've turned that into half a billion dollars." "Almost all the time our job is about brains. Once every 20 years, it's about another word that starts with 'b.
They're not priced very consistently with bonds, and we're going to find out who's right in the next year.""I worry about a financial crisis because they're very unpredictable. I don't think anyone wants a financial crisis. You think you'll do well, and something happens that boomerangs, and you don't.""Commercial real estate, and banks that deal in that, may be a more nerve-wracking place — how that shakes out in cities.