The Academic Wrecking Ball Aimed at Hedge Funds

The video discusses the concept of long and short market strategies, highlighting the flaws in attempting to balance both. It references research indicating that most outperformance comes from the long side, and critiques the assumption of using the same factors for both long and short investments. The video anticipates responses to these findings, suggesting that many hedge funds and quants may be misallocating resources.

How do specialist short sellers like Jim Chanos approach their investment strategy?

What has been the response to the research discussed in the segment?