Experts are right on average, meaning it's a disaster both to assume they're always right and to assume they're always wrong; the current environment tilts toward distrust of expertise, which is symmetric in its badness to over-credentialism.

normativepending

Speaker

Cliff Asness

Evidence Quote

you know, I like to say experts are on average right. It's a disaster to assume they're always right, but it's also a disaster if you need your think that that the pointy-headed expert over there is just always wrong.

Source

Surviving the Meme Stock Bubble | Cliff AsnessInfinite Loops
Created: 8/12/2026, 5:59:18 PM

My Notes

Loading notes...