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I have a friend who has worked as a market dealer for 17-18 years. He isn't the sharpest tool in the box, neither does he pretend to be. But, he has a very good feel for short-term market price action. After Tuesday's CPI release, this person expected equities to undergo a tempo...

 

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AQR | Quant funds & professional intuition

What is professional intuition? How does it play into quant investment strategies?