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Misfit Monthly 4: Jeff Was Right

Misfit Monthly 4: Jeff Was Right

Update: 2025-06-21
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Jason and Tyler discuss market efficiency, referencing Cliff Assnes's paper on the 'Less Efficient Market Hypothesis.' They explore value investing, the influence of social media on market behavior, and strategies for individual investors. The hosts emphasize the importance of exploring under-the-radar stocks and maintaining a mix of index funds and individual picks, advocating for thoughtful, long-term investment strategies.


01:03 Discussing the Previous Episode: Finding an Edge

01:29 The Less Efficient Market Hypothesis

08:06 Efficient Market Theory Explained

13:05 Growth vs. Value Investing

19:47 The Influence of Social Media on Investing

27:08 Misfit Alpha and Investing Strategies


Link to Cliff Asness' report: https://www.aqr.com/Insights/Perspectives/The-Less-Efficient-Market-Hypothesis 

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Misfit Monthly 4: Jeff Was Right

Misfit Monthly 4: Jeff Was Right

Jason Hall and Jeff Santoro