Approximately 68% of quant managers overrode their quantitative models during the Global Financial Crisis, meaning they stopped following their systematic process in response to panic, whereas AQR and O'Shaughnessy Asset Management did not override their models despite significant losses.

factualpending

Speaker

Jim O'Shaughnessy

Evidence Quote

basically said to us that 68 and probably that's probably [ __ ] wrong, but 68% of quants overrode their model.

Source

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

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