Research Affiliates founding chairman Rob Arnott is one of the most influential and respected quantitative investors and financial analysts in the global investment community for the past three decades. From his award-winning research, he spearheaded several unique portfolio strategies that are widely applied such as tactical asset allocation. Arnott returns to Real Vision, sharing his insights on valuation and portfolio construction within the context of capital markets today, which are being carried ever higher and becoming ever frothier by excess liquidity and building inflationary pressure. Interviewed by Ash Bennington on August 19, 2021.