Kepos Capital CEO Mark Carhart and Aperture CEO Peter Kraus discuss the topic of quantitative investing.

02:08 - Mark's background and his interest in quantitative investing

05:37 - Quant trends over time

07:38 - Challenges and pitfalls

11:50 - Transaction costs and alpha

13:49 - Defining quantitative investing

16:46 - Machine learning and AI in money management

17:53 - The spectrum between pure judgement and pure quant

23:40 - Lessons from the 'quant quake'

28:32 - Alpha decay

31:32 - Beating the index

36:47 - Should there only be quantitative investing?

41:33 - Passive vs active investing