Investing in a World of Low Expected Returns with AQR's Antti Ilmanen

Excess Returns · Jul 12, 2022 · 58m

Investors have enjoyed above average returns for decades now. But long-term evidence suggests that those lofty returns won't last forever. In this episode we take a deep dive into the topic of expected returns with AQR's Antti Ilmanen. Antti is the author of Expected Returns: An Investor's Guide to Harvesting Market Rewards, which many consider to be the seminal work on the topic and has recently released a new book Investing Amid Low Expected Returns: Making the Most When Markets Offer the Least.

We discuss the concept of expected returns and dig into the details of how they are calculated…