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Blaming Machines For Major Sell-Offs Is 'Crapola,' Asness Says

TedTed
in The Bullpen
FYI: Maybe machines aren’t to blame for the recent market cataclysms.

That’s what AQR Capital Management founder Cliff Asness said in a recent blog post in which he criticized analysts, commentators and journalists who associate the recent equity market volatility with machine-based, quantitative trading mechanisms.
Regards,
Ted
https://www.fa-mag.com/news/asness--don-t-blame-the-machines-for-major-sell-offs-37085.html?print
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