Rob Arnott on Bloomberg TV (March 1, 2017)

In a wide-ranging discussion, Rob discusses his views on why valuations matter in smart beta and factor-based investing, and how performance chasing can be a disastrous way to invest. He reiterates the benefits of contrarian investing—buying what is feared and loathed and selling what is beloved. Value strategies—which have delivered some of the worse performance in the last decade— are now priced cheap and likely to provide strong future returns.