The Case for a Value Resurgence | Rob Arnott

In this episode, Research Affiliates founder Rob Arnott returns for his third appearance on Excess Returns. We cover a wide range of topics, including inflation, the struggles of value investing, expected future returns, avoiding value traps, AI and a lot more. Stay tuned until the end when we ask Rob what he is most worried and optimistic about when he looks to the future. 00:00 - Intro 01:57 - Inflation and non-consensus views 13:19 - Investing in a high inflation world 17:33 - The asset allocation interactive tool and investing in a low expected return environment 24:02 - Has mean reversion slowed down? 28:53 - Rob's thoughts on factor timing 31:20 - The doubled edged sword of filtering value traps 36:57 - AI and the cycle of bubbles 44:26 - How AI changes the investment management business 50:25 - AI and investment research 55:12 - What Rob is most worried and optimistic about MORE INFORMATION ON RESEARCH AFFILIATES https://www.researchaffiliates.com/ SEE LATEST EPISODES https://www.excessreturnspod.com FIND OUT MORE ABOUT VALIDEA https://www.validea.com FIND OUT MORE ABOUT VALIDEA CAPITAL https://www.valideacapital.com FOLLOW JACK Twitter: https://twitter.com/practicalquant LinkedIn: https://www.linkedin.com/in/jack-forehand-8015094 FOLLOW JUSTIN Twitter: https://twitter.com/jjcarbonneau LinkedIn: https://www.linkedin.com/in/jcarbonneau