Dr. Antti Sakari Ilmanen, Ph.D. is a Principal and Managing Director since at AQR Capital Management, LLC. Dr. Ilmanen manages the firm’s portfolio. Antti Ilmanen, PhD, emphasizes the importance of diversification — including the use of market-neutral investment strategies — and warns. Antti Ilmanen’s 18 research works with citations and reads, including: Practical Applications of Contrarian Factor Timing is Deceptively Difficult.

Author: Gojora Vull
Country: Italy
Language: English (Spanish)
Genre: Spiritual
Published (Last): 6 August 2010
Pages: 217
PDF File Size: 7.14 Mb
ePub File Size: 18.43 Mb
ISBN: 415-1-30500-730-7
Downloads: 20164
Price: Free* [*Free Regsitration Required]
Uploader: Vudogami

Nov 27, Rishi Singh rated it it was amazing. The book took quite a while to read. Craig rated it it was amazing Mar 13, The single best investment book I know. The ending advice are amongst other to pursue several strategies in parallel to harvest diverse sources of expected returns as long as they are not overvalued, that investors should diversify more than they do and use leverage to leverage up low volatility assets and the low volatility parts within different assets.

Marija Kiveryte rated it it was amazing Nov 23, A very comprehensive book on expected and realized! To ask other readers questions about Expected Returnsplease sign up.

Dry reading, more textbook, less literature Ilmmanen quite conceptual, lacks modern case studies Ugly: Written in a very balanced way, describing various opinions in the academic literature, but always expressing and motivating his personal preferences. Deepay rated it it was amazing Feb 27, Expected Returns provides extensive empirical evidence, surveys of risk-based and behavioral theories, and practical insights.

Open Preview See a Problem? Goodreads helps you keep track of books you want to read. Just show me anything that survived past years without any payment in some form. Let’s say sugar had higher expected return.

  Hello World

After 6 months, some people complain about my “review”. Secondly, the author often comes back to the notion of tail risk premium meaning that there is over time a payment to be had from owning assets that perform the worst at exactly the wrong time — when the stock market declines. Let me ask – why? Jun 16, Jon rated it liked it. Because a lot of idiots eating tons of sugar with drinks consumed a lot of it and became big fat pigs. Just a moment while we sign you in to your Goodreads account.

It seems some people have nothing to do.

Expected Returns: An Investor’s Guide to Harvesting Market Rewards

Joshua Knechtel rated it liked it Jul 22, Because there are no free things. Let me tell one thing, olmanen expected long term return is 0, and that’s it, no big science and useless analyses. Because of that I had lowered rating to 2 stars as it seems if book hinders some religious thoughts, I can’t tolerate it, we have many religious economists nowadays who just can’t seem to see data and we have many underrated great books with profound insights.

Robert Smith rated it it was amazing Jan 24, ilmaen The different viewpoints give the reader a quite nuanced view of risk factors and a good understanding of sources of returns. Books by Antti Ilmanen. The bulk of the text consists of chapters that present three different ways to analyse expected returns.


Antgi by a world-renowned industry expert, the reference discusses how to forecast returns under different parameters. No trivia or quizzes yet.

Justin rated it liked it Jan 22, Feels very outdated, antto concepts covered already feel antiquated. It would almost be a pity if too many read the book. To see what your friends thought of this book, please sign up. Entropy cancels everything and bigger temporary alpha increases entropy levels.

Expected Returns: An Investor’s Guide to Harvesting Market Rewards by Antti Ilmanen

Tam Man Ki rated it it was amazing Apr 13, This is a tough read but those who take the time will be greatly rewarded. If you can back them with your ilmsnen “titles” even better. This is a magnificent book. Solid academic study, explanations are comprehensive Provide coverage on various investment methods and principles Bad: The reader will be taken up to speed on practically everything that has happened within academic finance and quantative asset management during the last 30 years.

Want to Read Currently Reading Read. First, everything that’s mentioned here are already dead, don’t you get?

There are no discussion topics on this book yet. Alex Burns rated it really liked it Nov 02, As a consequence, second, it’s not practical, and therefore not useful for me, we already have many books on the same subjects.