%0 Journal Article %A Clifford S. Asness %A Cathy Scott %T Practical Applications of 21st Century Asset Management: Facing The Great Divide %D 2014 %R 10.3905/cfa.2014.1.005 %J Practical Applications %P 1-4 %V 1 %N CFA %X 21st Century Asset Management: Facing The Great Divide Clifford S. Asness In his presentation to delegates at the 67th CFA Institute Annual Conference in Seattle, Cliff Asness —Managing and Founding Principal of AQR Capital Management —simultaneously supported and took issue with the Efficient Market Hypothesis (EMH).In an exclusive, pre-conference interview for this Practical Applications report, Asness ministers to his self-diagnosed “schizophrenia” with a “modest refinement” to testing whether markets are in fact efficient. %U https://pa.pm-research.com/content/iijpracapp/1/CFA/1.5.full.pdf