Cliff Asness of AQR Capital Management, joined Stephanie Ruhle, David Westin and Erik Schatzker on Bloomberg TV’s new flagship morning program, Bloomberg <go>. He discussed market reaction to the Paris terror attacks and the use of long-term investing to overcome risks. “They don’t hedge enough and they charge too much. Over time what they are supposed to do is hedge out the market risk, provide a return that’s independent of the market, these famous uncorrelated diversifying returns. And they’re supposed to do it at a reasonable price.” “As a person you weep, but as a long-term investor you do your...</go>